I've been looking for some long-term dividend producing investments lately completely value priced. Especially after picking Teekay (TNK) for a long-term investment and watching up steadily rise, both the equity and the dividend.
So I started with equities under $5 that are paying dividends and the top of the list was Credit Suisse High Yield Bond Fund, Inc. (DHY).
This is a BOND ETF that invests in primarily low-grade US investments. So read some risk but at $3.03 closing price today not much risk, although this is near its 52-week high so some downside is there if the markets were to flip-upside down.
DHY is currently paying a 10% yield. Not bad for a $3 investment.
If you don't mind investing in the following I recommend looking into this for a long-term holding, possibly a Sharebuilder buy...
BB Bonds 28.0 %
B Bonds 51.1 %
CCC Bonds 27.6 %
Happy Trading...
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