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
-
Billionaire Paul Singer has made a fortune shaking up tired businesses. And right now he has a new company in his crosshairs. In industry ci...
-
To live off the passive income from stocks, one of the important things to pay attention to is the company’s distribution policy. Nowadays, ...
-
Utility stocks feature plenty of steady cash flows and high dividends. It doesn’t matter so much what the economy is doing as people still n...
-
The problem is, finding high-quality dividend stocks isn't easy. That's because yield and risk tend to be correlated. In other words...
-
Usually, when a dividend yield is around 10%, it's due to concerns about its sustainability. However, that's not the case with this ...
-
Reinvesting your dividends is a great way to boost the long-term performance of your stock portfolio, but a history of regular payouts alone...
-
We're now three-fourths of the way through 2019, and it's certainly been an eventful year so far. Although the S&P 500 is up by ...
-
If you review past articles on Income Investors, you might spot a common theme: the best-performing stocks are often those of quiet, unassum...
-
While cash flow can come from bond interest or interest from other types of investments, many income investors hone in on dividends. A divid...
-
If a company pays out more in dividends than it earned, then the dividend might become unsustainable – hardly an ideal situation. UnitedHeal...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.