BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)
A diversified, closed-end management investment co
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Steady dividend that currently yields over 15%
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This is a real good dividend stock, yeilds about 8% a year. If you place it into a DRIP plan it will grow very quickly as it pays a monthly dividend.
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I found this one by accident....and I like it. It holds large cap stalwarts such as Chevron, Phizer, Coke, McDonalds. All the companies you should hold for the long run. Best of all, as the market goes down the yield here rises. I bought in at 11.60 and that gives me a 10.50+ yield. I can live with that. It is a close end fund managed by Blackrock. If you like income with a paced upside you may want to act on this one...I did!
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Clinical trials almost done.
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I guess I should not have added this since CAPS can not yet handle dividends, which makes it a poor choice in the world of CAPS. However, I have a small amount in this investment as it pays a monthly dividend to me in the neighborhood of .10 per share per month. It does fluctuate slightly, but, is a nice income stream. Once Dividends are added to CAPS world, I think more people should consider this in your CAPS portfolio.
--Baldman
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