Dividend Income Opportunities for the Holidays

A number of stocks and funds that pay enticing yields announced their next dividend payments recently and may be worth considering as a dividend income source for your own portfolio as the holidays move closer

One position, Oxford Lane Capital Corp. (NASDAQ: OXCLC), features an impressive 20.76% dividend yield. Five other positions featured below offer dividend yields of at least 5 percent.

Oxford Lane Capital Corp. (NASDAQ: OXCL) is a publicly-traded registered closed-end management investment company based in Greenwich, Connecticut.

The company has paid a steady quarterly dividend of $0.60 since 2011. Current dividend yield is 20.76% and the five-year average dividend yield is 17.10%.

Oxford Lane Capital’s share price closed at $11.56 at the end of trading on Nov. 16, which is only 2% lower than its $11.80 high from Aug. 15.

The following five additional dividend plays offer yields above 5 percent and ex-dividend dates in December 2016.

Here is a list of those opportunities for quick dividend income before the end of the year.

Also, all five investments have increased their dividend payout compared to the most recent period.

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Keep in mind that dividend increases, dividend decreases, new dividend announcements, dividend suspensions and other dividend changes occur daily.

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