Thanks for the suggestion of Vanguard Short-Term Bonds (BSV). I see that the April 1, 2021 dividend paid was $0.089 per share, or $1.068 annualized. With a share price as of the close on April 8, 2021 was $82.25, the effective yield is currently closer to 1.3%. I do recognize that prices of BSV will fluctuate as will the dividend payments based on prevailing conditions.
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Posts made by benlola
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RE: Anybody Familiar With Toyota Income Driver Notes? 1.50% APYposted in Finance
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RE: Anybody Familiar With Toyota Income Driver Notes? 1.50% APYposted in Finance
From what I have read, the IncomeDriver Notes program is a direct investment in senior notes issued by Toyota Motor Credit Corporation (“TMCC”) which does business as Toyota Financial Services. Fitch Ratings, one of the leading credit agencies, has given TMCC a current rating of A+. While ratings can change and company prospects can deteriorate, it seems as though the risk associated with the underlying issuer is relatively low.
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Anybody Familiar With Toyota Income Driver Notes? 1.50% APYposted in Finance
Toyota Income Driver Notes are currently paying 1.50% per annum. Redeemable at any time, $500 minimum investment, but not FDIC-insured. www.incomedrivernotes.com