5 Dividend Stocks with Over 10% Yield

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In this article, we discuss 5 dividend stocks with over 10% yield. If you want to read our detailed analysis of dividend stocks’ past performance and latest trading trends, go directly to read 10 Dividend Stocks with Over 10% Yield

5. FS KKR Capital Corp. (NYSE:FSK)

Dividend Yield as of June 24: 14.47%

FS KKR Capital Corp. (NYSE:FSK) is an American business development company that provides customized credit solutions to private middle-market companies in the US. In Q1 2022, the company’s net interest income stood at $0.72, which beat estimates by $0.07. In addition to this, its total investment income saw 162.3% year-over-year growth at $396 million.

On May 9, FS KKR Capital Corp. (NYSE:FSK) announced a 7.9% hike in its quarterly dividend to $0.68 per share. The stock’s dividend yield stood at 14.47%, as of the close of June 24.

In March, Wells Fargo upgraded FS KKR Capital Corp. (NYSE:FSK) to Equal Weight, with a $21.50 price target, appreciating the company’s improving credit profile.

According to Insider Monkey’s Q1 database, 13 hedge funds were bullish on FS KKR Capital Corp. (NYSE:FSK), up from 11 in the previous quarter. The collective value of these stakes is over $165.4 million. Beach Point Capital Management was the leading shareholder of the Pennsylvania-based company, owning over 4.4 million shares, valued at $102 million.

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