Yesterday, we talked about how the things you’re buying are going up more than the rate of inflation the government is telling you.
Take a look at this tweet on Thursday October 12, 2023 from the infamous Keynesian economist, Paul Krugman to see what I mean:
Krugman declared the war on inflation to be over in the US because CPI, “EXCLUDING food, energy, shelter, and used cars” is down to around 2%.
What a clown.
Literally, the five basic needs to human survival are: food, water, air, shelter, and clothing.
To say the war on inflation is won when…
The price of used cars went up 4%.
The price of energy went up 5.2%.
The price of shelter went up 7.2%.
And the price of food-at-home went up a whopping 11.4% in the last year…
Is an absolute joke.
I won’t stand for it.
And I can’t stand by watching the average American get screwed.
That’s why I think investors like you need this dividend stock paying 10.7% to help you outpace the true rate of inflation…
No. 2: Solar Capital Ltd. (NASDAQ: SLRC)
Dividend Yield: 10.7%
Solar Capital Ltd. is an investment company that primarily finances senior secured loans of private mid-cap companies to generate current income.
Since senior secured loans are the first to be paid out in case of bankruptcy, it’s safer than all other forms of debt.
Solar Cap’s investment objective is to generate both current income and capital appreciation through debt and equity investments.
The company generates revenue primarily in the form of interest; dividend income and others. And that income is then distributed straight into shareholders’ pockets quarterly.
The business hasn’t missed a dividend payment since it went public back in 2010…
And I don’t foresee it missing one in the foreseeable future, no matter which way the market turns next.
A 10,000% Dividend?!?
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That's like earning a 10,000% dividend year after year!
In short…
This is easily the #1 Oil Play for 2023 and beyond.
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