Categories: Dividends

Crime Pays… 13.87 Percent Quarterly, to Be Precise

Crime Pays… 13.87 Percent Quarterly, to Be Precise (DividendChannel)

Intersections Inc. (INTX) is a Chantilly, Va., security company with a twist. It provides property, real estate and identity protection services for both businesses and individuals, but it also plays the other side of the legal fence by providing bail bond industry solutions. And for income investors, wiring the game by playing both sides is pretty lucrative, as INTX offers a 13.87% dividend yield. Unfortunately, INTX shareholders probably wish crime would pay more, as its shares are down 24 percent year to date. However, corporate officers are optimistic that INTX’s new direct-to-consumer offerings will help. If true, then you’ll be able to get INTX shares at bargain basement prices, while still collecting 13.87 percent.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.