High Double Digit Yield stocks: How to Play them

in money •  7 years ago  (edited)

Folks I want to highlight two stocks which I have been watching over last 2 years. Both stocks are generous to their stockholders in terms of Dividend payouts however they both come with their own set of risks.

I would like to discuss ORC (Orchid International and Nordic American Tankers), ORC pays a monthly dividend whereas NAT pays a fat quarterly dividend. However the big question which is often asked is whether the yield is sustainable?

Both these companies sold additional stock which is being used to fund the dividend payment. Key learning, don't chase these stocks as they are risky investments and will fall really hard in case their is a market panic or a risk off trade is in play.

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Interesting post. Thankyou for sharing @sanjeevrawat77

Thanks!!!

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