I bought this BDC for my income portfolio in April. The company has strong underwriting practices reflected in low non-accruals, and a debt investment portfolio that accentuates capital preservation. In addition, it has interest rate upside thanks to a large representation of floating-rate debt in its investment portfolio. The company has maintained its dividend rate throughout the credit cycle. Shares currently sell for about net asset value. An investment in the stock yields 9.5 percent.
I have added business development company Ares Capital Corp. (ARCC), one of the largest BDCs in the country, to my high-yield income portfolio at the end of last month. The business development company has paid a stable dividend for years, and about covers its payout with net investment income. The portfolio consists largely of relatively secure first and second lien debt, which should provide income investors with some downside protection in the event of a recession. Shares are selling for about net asset value. An investment in Ares Capital Corp. currently yields 9.5 percent.
Source: Seeking Alpha
Related Articles:
- 6 Companies With The Power of 5/15 Dividend Growth
- Searching the World For The Best Dividend Stocks
- What's Your Retirement Vision?
- The Most Important Financial Statement When Selecting Dividend Growth Stocks
- Stock Dividends - The Gift of Nothing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
You know what's good to see in one of your holdings? Management actually doing what they said they were going to do. The yield is 9.97%,...
-
These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large pa...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
I love getting paid to invest, which is why I've filled my portfolio with income stocks. My favorites are those that not only pay genero...
-
This is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to...
-
Tracking down a stock that pays a high yield is easy enough to find, but selecting ones that are worth holding onto for decades to come is q...
-
Reliable dividend stocks with the potential for long-term payout growth can be solid choices for investors looking to generate cash and even...
-
A big worry for retirees isn't necessarily the size of their nest eggs, but whether they'll keep up with inflation. While convention...
-
Not all dividend-paying companies make a lot of money, but the ones that do could fetch you solid returns in the long run, simply because a ...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
0 comments
Post a Comment
Post a Comment