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This Stock Has an 18%+ Annual Yield, Pays Monthly, and is Covered by Cash Flow

This Stock Has an 18%+ Annual Yield, Pays Monthly, and is Covered by Cash Flow

CION Investment Corp, a BDC that pays out 90% of its interest income from loans it owns, pays a 10-cent monthly distribution. At $6.55 per share, CION stock now has an 18.3% annualized yield, attractive to value investors.

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