Here's 1 High-Yield Dividend Stock You Can Trust
Despite the S&P 500 falling 3.4% year to date, the index is still priced at a valuation near its all-time high. This has pushed the S&P 500's dividend yield down to 1.27%, which isn't far off its all-time low of 1.1% set at the peak of the dot-com bubble 20 years ago.
This has made it more difficult for income investors to find high dividends that aren't yield traps. But the good news is that there are still high-yield dividend stocks out there that yield-hungry investors can lean on. I believe one of those reliable high-yield dividend stocks is the business development company (BDC) Main Street Capital (NYSE: MAIN). Let's take a look at why.
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Source Fool.com
