5 Stocks with Highest Dividend Yield and PEG (KCAP, PSEC, GRT)

Below are interesting stocks on the NYSE and NASDAQ with the highest dividend yield.

Kohlberg Capital Corporation (NASDAQ: KCAP) has a dividend yield of 16 and a PEG ratio of 0.35. KCAP’s shares are trading significantly short of its 52-week high of $6.90.

Prospect Capital Corporation (NASDAQ: PSEC) has a dividend yield of 15 and a PEG ratio of 0.86. Morgan Keegan downgraded PSEC from “outperform” to “market perform.

Glimcher Realty Trust (NYSE: GRT) has a dividend yield of 12.7 and a PEG ratio of 0.4. GRT shares have declined by 39.93% over the past 52 weeks.

Ares Capital Corporation (NASDAQ: ARCC) has a dividend yield of 12.5 and a PEG ratio of 0.93. Sun Trust Robinson Humphrey initiated coverage of ARCC with a “buy” rating.

PDL BioPharma Inc (NASDAQ: PDLI) has a dividend yield of 12.5 and a PEG ratio of 0.26. Lazard Capital Markets upgraded PDLI from “hold” to “buy.”