This is a promising BDC income play providing investors with high and stable dividend income. The BDC has a defensively-oriented debt investment portfolio with significant interest rate upside. It covers its dividend with NII and regularly pays supplemental dividends. Based on recurring quarterly dividend distributions, an investment in the stock yields 8.2 percent.
I will add high-quality business development company TPG Specialty Lending, Inc. (TSLX) to my high-yield income portfolio this week. The BDC has a defensively positioned debt investment portfolio and significant interest rate upside since 100 percent of the company's loans are floating-rate. Further, TPG Specialty Lending continues to cover its dividend with net investment income and excess income is distributed to investors as special dividends. An investment in TSLX yields 8.2 percent.
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?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
The World Cup format brings in 32 teams from around the globe who square off until only one remains. After the first round, 16 teams are eli...
-
Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholder...
-
The Holy Grail for income investors is finding quality companies with significant payouts that will continue to generate income over the lon...
-
In a bloated stock market, going after the hottest tickers won’t get you much in terms of yield. That’s why, for investors looking to boost ...
-
While growth stocks grab all the headlines and generate all the hype, dividend-paying stocks have handily outperformed their nonpaying peers...
-
Is it possible to double your money – quickly – buying safe dividend stocks? You bet. Let me explain how… “Basic” income investors are enamo...
-
There's been a lot for investors to like about market performance over the last decade, but there's a flip side: In a market that cl...
-
There is no other way to put it: The U.S. stock market seems to be losing its momentum. Year-to-date, the market has been trading mostly sid...
-
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Tw...
0 comments
Post a Comment
Post a Comment