With yields ranging from 7.4% to 10.2%, these ultra-high-yield stocks can pad investors' pocketbooks.
Annaly Capital Management (NLY) closed at $8.67 in the latest trading session, marking a +0.12% move from the prior day.
If this is because business prospects have worsened, the dividend is at risk. Based on these stocks' yields, you should just about double your money on the dividends alone, as long as you reinvest them at the same rate. Add in the potential for stock price appreciation, and these high-risk stocks could provide you with a nice reward in a decade.