December 31, 2012 at 18:28 PM EST
Medley Capital Offers Big Dividend Yield, Stock Soars
Medley Capital (MCC) stands out for its whopping 10% dividend yield. The company, which makes loans to small and midsize businesses, went public in January 2011 and has since more than doubled its quarterly dividend to 36 cents a share. Meanwhile, the stock soared 39% this year, far outpacing the S&P 500. New York-based Medley is a business development company, or BDC. The industry is growing quickly by helping companies underserved by big banks
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