Dividends4Life: I Just Bought This 10.2% Yielding BDC Again

I Just Bought This 10.2% Yielding BDC Again

Posted by D4L | Saturday, October 07, 2017 | | 0 comments »

Management planned to externalize management, which didn't sit well with investors. The stock crashed, and recovered only slightly after the company withdrew its proposal of a new investment advisor relationship. The shares have slumped since May. I have sold my shares earlier this year. However, I discuss three reasons why I am buying into the BDC again at today's prices. An investment in it yields 10.18 percent.

Hercules Capital, Inc. (HTGC) is an appealing income vehicle on the sell-off. The business development company has good dividend coverage stats, stable portfolio yields, and, most importantly, interest rate upside tied to an increase in the federal funds rate. I think the reward-to-risk ratio is appealing for income investors at today's price point.

Source: Seeking Alpha

Related Articles:
- 6 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 3 Simple Steps For A Successful Retirement
- 6 Rainy Day Dividend Stocks
- With Dividend Growth Stocks, Cash Is King
- When A Stock Fails To Raise Its Dividend: Is It Time To Sell?

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

Dividend Growth Stocks News

~

Popular Posts Last 30 Days