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Buy The Drop On These 6-10% Yielding Bargains
ARCCAres Capital(ARCC) Seeking Alpha·2024-06-13 12:05
Sashkinw Market fear can be a trying time for some investors, but for enterprising investors, it can represent terrific buying opportunities. This is especially the case for dividend stocks that yield higher than the market average. For example, a 10% drop in price on a stock that’s already yielding results in an 8.8% yield, whereas the same percentage drop on the S&P 500 (SPY) would result in just a 13 basis point jump in yield, due to the current low 1.25% dividend yield of SPY. This brings me to the  ...