This Monthly Dividend Stock Now Yields 17%... Is It a Buy?

Needless to say with everything going on in the stock market recently, 2022 has gotten off to a bit of a bumpy start. With the NASDAQ having it’s worst week since 2020 its caused a ripple effected across the entire U.S. stock market. And although it’s unlikely these market conditions are gonna persist through the remainder of the year, this did open up a lot of really great opportunities specifically for dividend investors. As of the making of this video so many sectors including REITs and Business Development Companies saw their share prices fall allowing investors to pick up additional shares of high quality dividend paying stocks at a discount.

With that being said there is one stock in particular who’s share price fell so much over the last week, it actually bumped the dividend yield up to now over 17% according to Yahoo Finance. In fact it’s share price fell approximately 8.29% in just the last week, which has given it a significantly cheap price tag.

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