Ultra-High-Yield Dividend Stocks to Buy in June
Investors looking for high-yield dividend stocks have a lot to consider in today’s market. With interest rates on the rise and inflation persisting, finding stocks that offer both passive income and growth potential can be a challenge. However, there are six companies that stand out as solid investment opportunities, according to a recent report from 24/7 Wall St.
One of the top picks is Alliance Resource Partners (NASDAQ: ARLP), the largest coal producer in the eastern United States. With a massive 12.16% yield, Alliance Resource Partners offers investors a diversified natural resource company that produces and markets coal primarily to utilities and industrial users in the US. The company operates through various segments and has a strong track record of delivering solid returns to investors.
Another standout stock is Annaly Capital Management (NYSE: NLY), a mortgage real estate investment trust that pays a huge 12.89% dividend. Annaly invests in a variety of mortgage-backed securities and other assets, providing investors with exposure to the real estate market and a steady stream of income.
Arbor Realty Trust (NYSE: ABR) is another top pick, offering investors a massive 12.47% dividend and trading at just 8.1 times estimated 2024 earnings. Arbor invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the US, providing investors with exposure to a range of real estate opportunities.
FS KKR Capital Corp. (NASDAQ: FSK) is a well-known name on Wall Street, offering investors a solid entry point and paying a staggering 14.43% dividend. FS KKR specializes in investments in debt securities, including first-lien senior secured loans, second-lien secured loans, and mezzanine loans, providing investors with exposure to a range of credit opportunities.
Horizon Technology Finance Corp. (NASDAQ: HRZN) pays a stout 11.37% dividend and offers investors exposure to the technology, life science, healthcare information, and cleantech industries. Horizon is a leading venture lending platform that provides structured debt products to growing companies in these sectors.
Finally, Trinity Capital Inc. (NASDAQ: TRIN) is a venture capital firm specializing in venture debt to growth-stage companies, offering investors a massive 13.69% dividend. Trinity Capital provides loans and equipment financing to companies looking for financial solutions to support their growth.
Overall, these six ultra-high-yield dividend stocks offer investors a unique opportunity to generate passive income while also benefiting from potential capital appreciation. With solid fundamentals and strong track records, these companies are worth considering for investors looking to enhance their earnings with dividend stocks.
