I've invested in this US stock before and it is very high yielding, which is why it has always been attractive, even with the pitfalls that have plagued it.
See the various articles I have written here, here and here.
At it's 52-week low, it actually traded at the ultra low price of $5.51!
Now this latest article sums up why I'm back in at around $7.
Generally PSEC holds up well in a rising interest rate environment, which was why it hasn't been doing as well last few years.
Until now.
Now I will hold for a longer term and hopefully I can earn some capital gains along with the almost 11% monthly-paying dividend yield!
Huat ah!
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