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Why I Just Loaded Up on This Stock With an Ultra-High Dividend Yield of 9.8%

TheMotleyFool

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Why I Just Loaded Up on This Stock With an Ultra-High Dividend Yield of 9.8%: https://g.foolcdn.com/editorial/images/753767/digital-checklist-man.jpg

I'm not yet in the stage of life where I need the stocks I own to generate income. But my portfolio includes quite a few stocks that pay generous dividends.

A few days ago, I added another to the list -- Ares Capital (NASDAQ: ARCC). Here are four reasons why I just loaded up on this stock with an ultra-high dividend yield of 9.8%.

When I buy a stock, what I'm really doing is investing in the underlying business. What is Ares Capital's underlying business? It's a business development company (BDC) that provides financing to middle-market businesses.

Source Fool.com

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