Chasing High Yield - MRCC (75 shares, $105 dividend income)

Monroe Capital Corporation (NASDAQ: MRCC) is a closed-end fund focused on providing financing primarily to lower middle-market companies in the United States and Canada.

This company is NOT a Dividend Aristocrate.

I am owning this stock purely for its high yield (~10%) (hopefully NOT a sucker yield)

This purchase will add $105 annual dividend income to my dividend stock portfolio

Basic info:

Market CAP: 241M   EPS:$0.90 Dividend: $1.40 (9.88%)