BDCs have been particularly hard hit in the 2020 market pullback, which has affected the vast majority of businesses, large and small. Since BDCs invest in small and medium size businesses, investors have fled this market sub-sector, due to deep concerns about how many of the BDCs' portfolio companies would survive the COVID-19 lockdowns. This stock yields 13.6% with strong 1.4X coverage. Mgt. maintained the distributions for June and Sept. It has 90% 1st lien investments in its portfolio.
Capital Southwest Corporation (NASDAQ:CSWC) is an internally managed business development company, BDC, specializing in credit and private equity and venture capital investments in lower and middle market companies. It doesn't invest in startups, publicly traded companies, real estate developments, project finance opportunities, oil and gas exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing.
Source: Seeking Alpha
Related Articles:
- 12 Dividend Growth Stocks With A Good Yield/Growth Mix
- 7 High Yield, High Risk Dividend Securities
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- International Diversification May Be Closer than You Think
- Warren Buffett's Two Investing Rules For Dividend Investors
13% Yield, 2nd And 3rd Quarter Dividends Maintained, No K-1
Posted by D4L | Tuesday, June 30, 2020 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Dividend Aristocrats have a massive fan following among income investors, and for good reason: These are the only 65 stocks to have increase...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
Chasing growth is usually the right move for younger investors, but it can be a risky strategy for retirees. Generally speaking, retirees sh...
-
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drin...

0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.