This company reported good results for its first fiscal quarter. The business development company outearned its base dividend with net investment income, will pay a special dividend of $0.01/share in June. It maintained excellent portfolio quality last quarter. Shares are attractively valued given the safety of the company's portfolio. I will continue to add to my position in the stock going forward.
TPG Specialty Lending, Inc. (TSLX) reported decent results for its first financial quarter in 2019. The business development company covered its base dividend with net investment income, as expected, and also declared a $0.01/share special dividend in order to distribute excess income. TPG Specialty Lending displayed excellent credit quality in the most recent quarter and maintained a defensively-structured debt investment portfolio. Shares are still moderately valued, given the BDC's propensity to pay quarterly special dividends. An investment in TSLX at today's price point yields 7.7 percent.
Source: Seeking Alpha
Related Articles:
- How To Buy Dividend Stocks At The Bottom
- 8 Stocks That Have Paid Dividends Since The 1800s
- 5 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 3 Exceptional Dividend Growth Stocks With Quality Financials
- Three Keys For Successful Dividend Growth Investing
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
The best dividend stocks can generate excellent long-term returns. Even better, investors can buy high-quality dividend stocks when they are...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.