Supercharge Your Passive Income With These 2 Ultra-High-Yielding Dividend Stocks
Everyone dreams of generating income when they sleep. Passive income is a coveted goal for many individuals, and one effective way to achieve it is through dividend stocks.
Dividend stocks come in all shapes and sizes. Some companies offer modest payments and yields that have the potential to grow steadily over time. Others that offer lofty payouts can be appealing to investors willing to take the extra risks.
Ares Capital (NASDAQ: ARCC) and FS KKR Capital (NYSE: FSK) each yield 10% or more annually based on their current share prices and payout levels. Both are business development companies (BDC) -- regulated investment companies that are required by U.S. law to distribute 90% of their net investment income to shareholders every year through interest, dividends, or capital gains. Because of this tax structure, BDCs can be an excellent source of high-yielding dividends to shareholders. As such, these stocks could potentially supercharge your passive income, but consider these risks that could make the dividend payments more volatile before adding them to your portfolio.
Source Fool.com
KKR & Co. LP Stock
With 29 Buy predictions and not a single Sell prediction KKR & Co. LP is an absolute favorite of our community.
On the other hand, the target price of 108 € is below the current price of 109.14 € for KKR & Co. LP, so the potential is actually -1.04%.
