DIVIDEND

If you're looking for big yields and are willing to stretch out your risk profile a bit, these stocks are well worth a serious look, observes Bryan Perry of Cash Machine.

BGC Partners (BGCP)
Yield 10.81%
With all the derivative trading by global fund managers to protect assets, BGCP should post a good second-quarter report. The company's main business is to act as a broker, and it carries little overnight exposure.

Credit Suisse High Yield Bond Fund (DHY)
Yield 10.39%
High-yield corporate bonds remain very attractive in the current landscape of low interest rates, low inflation, and moderate economic growth.

Horizon Technology Finance Corporation (HRZN)
Yield 11.54%
The BDC sector has been displaying excellent relative strength. HRZN is a more thinly traded stock, and when a big seller shows up, the shares come under unwarranted pressure. But that provides for a good buying opportunity for us. 

GAMCO Global Gold, Natural Resources & Income Trust (GGN)
Yield 12.31%
All the uncertainty surrounding the euro has gold prices back on the way up. Mining stocks typically lag gold prices and then move in a slingshot fashion higher as they play catch-up.

E-TRACS 2x Leveraged Long Alerian MLP Infrastructure Index (MLPL)
Yield 12.20%
Oil and gas prices have started to level out, and this exchange traded note now trades ten points off its high and sports a huge yield.

Newcastle Investment (NCT)
Yield 12.66% 
The company continues to acquire mortgage servicing contracts that will prove very accretive to earnings in the months ahead. Management just declared the latest 20-cent dividend. Shares should rise into that date.

Related Reading:

Tailwinds for the Muni Market?

Inflation-Proof Your Income Stream

4 Stocks with Healthy Dividends

Tickers Mentioned: BGCP, DHY, HRZN, GGN, MLPL

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