1 High-Yield Stock for Income Investors. Here’s a rare find in today’s stock market: a double-digit yielder that actually makes enough money to cover its payout.
I’m talking about BlackRock Capital Investment Corp (NASDAQ:BKCC), a business development company (BDC) headquartered in New York City. BKCC was formed in 2005 to provide debt and equity capital to middle-market companies. Since its inception, BlackRock Capital Investment Corp has evaluated approximately 4,000 investment opportunities and completed investments in 180 portfolio companies. Each investment usually ranges between $10.0 million and $50.0 million.
Source: Income Investors
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