Mercer Near Rock Bottom: Is This High-Yield Play Set to Soar?

Mercer International TodayMERCMercer International$6.45 +0.07 (+1.10%) 52-Week Range$5.33▼$11.20Dividend Yield4.65%Price Target$9.13Add to WatchlistMercer International NASDAQ: MERC is an enticing stock for small-cap investors. It pays a quarterly dividend worth 4.55% in annualized yield and trades at rock-bottom prices in late 2024. The rock bottom is a critical support level that has been in place and retested numerous times for over 15 years, limiting the downside risk. The risk of lower prices is also ...