A Congresswoman Bought Double-Digit Dividend Stocks: Here’s a…

A Congresswoman Bought Double-Digit Dividend Stocks: Here’s a…

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Virginia Foxx is a Republican serving as the U.S. Representative for North Carolina’s 5th congressional district.

Foxx has made 16 trades in the last 30 days and sits on both the Education and Labor Committee and the Committee for oversight and reform.

Foxx filed a joint ownership position with Green Plains Partners on September 23-29, acquiring between $2,000 and $30,000 in common stock. Foxx also bought $4,000 to $60,000 in Newtek stock in a joint ownership transaction filed Sept. 1-20.

On September 27, Foxx sold between $15,000 and $50,000 in Newtek shares at an average price of $15.7 per share, apparently at a loss as the stock’s purchase price was higher.

Learn more about these two high-yielding stocks Foxx trades.

Newtek Business Services Corp NEWT offers a dividend yield of 20.65%, or $3.10 per share annually using quarterly payments, with a track record of a one-time increase in its dividends over the past year.

Newtek Business Services is a non-diversified, closed-end management investment company providing business solutions designed to help organizations grow revenue, reduce costs and mitigate risk.

For the three months ended September 30, 2022, Newtek funded a record $223.1 million in SBA 7(a) loans, an increase of 36.1% from $163.9 million in SBA 7 (a)-Loan Financing for the three months ended September 30, 2021.

The internally managed business development company (BDC) announced today that it is forecasting a cash payout of $0.70 per share for the fourth quarter of 2022.

Also read: A congressman just sold JPMorgan stock ahead of the profit: Check out two dividend stocks he also trades

Green Plains Partners LP GPP offers a dividend yield of 14.42%, or $1.80 per share annually through quarterly payments, with a mixed track record of growing its dividend payments.

Green Plains Partners is a fee limited partnership formed by the parent company,…

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