“2 Dividend Stocks Under $10 With at Least 11% Dividend Yield”
October 1, 2021
“Falcon Minerals Corporation (FLMN)
We’ll start in the energy industry. Falcon Minerals is a small-cap oil and gas company, with ownership of energy and mineral rights on more than a quarter-million acres in the Texas Permian Basin…
Overall, Falcon has 5 recent analyst reviews, split 4 to 1 between Buy and Hold, giving the stock a Strong Buy analyst consensus rating. The stock’s $7.3 average price target implies ~55% upside potential from the current $4.7 trading price…
Oxford Lane Capital (OXLC)…
From energy we’ll turn to the world of finance. Oxford Lane Capital is closed-end management investment company that specializes in debt and equity tranches of collateralized loan obligation (CLO) vehicles. The company’s portfolio is composed primarily of senior secured loans and a combination of high yielding bonds and mezzanine debt. Oxford Lane avoids exposure to real estate loans, mortgage loans, and consumer-based debt pools…”
https://finance.yahoo.com/news/2-dividend-stocks-under-10-132306731.html
Idk if its a good idea to be investing in a loan company when the economy as a whole is in steady decline. A wise man once said “If you own the bank a million dollars you have a problem. If you owe the bank a billion dollars the bank has a problem.”
The only thing I can see happening is a lot of people failing or refusing to pay their loans in the future. It doesn’t make sense to me but that’s just my opinion.