All dividends are not created equal, however. Investors should seek out companies with one of two advantage – or preferably both: a commitment to maintaining the dividend, and a high yield. The second is not hard to find, considering the Federal Reserve’s policy of keeping interest rates near zero, while the first attribute may take some research. We’ve picked three to focus on...
The first stock on the list is New Mountain Finance (NMFC), in the business development niche. New Mountain invests in debt securities, including first and second lien notes and mezzanine securities. The Company's portfolio includes public and private equity and credit funds with a total worth well north of $28 billion. Next on our list, Plains GP (PAGP), is a holding company in the oil and gas midstream sector. Plains’ assets move oil and gas products from the well heads to the storage facilities, refineries, and transport hubs. The company’s operations move more than 6 million barrels of oil equivalent daily. The last company on our list recently underwent a name change; in June, it dropped its old name TPG in favor of Sixth Street (TSLX). Sixth Street continues the core business of providing credit and capital for mid-market companies, helping to fund America’s small and medium enterprise niche.
Source: Yahoo Finance
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