Buy and Hold This Safe Stock for a 14% Dividend Yield

Yielding a retirement-saving 14% with a rock solid business model and crystal clear cash flows, you may not find a better dividend paying stock in this market. And, as an added bonus this company’s profits will actually increase when the Fed hikes rates. This is a no-brainer investment in a market that’s starved for yield.
Although I don’t like to see falling share prices, last week’s stock market reaction to the strong Jobs Report numbers that increased the probability of a Fed interest rate hike in December, can only make me laugh. Companies with interest rate exposure have been expecting a rate increase for several years, and if management teams are smart they already implemented business plans that will let them thrive in a higher rate environment.  (more)