Business development companies offer high yield access to privately held and venture capital-backed companies, a part of the market otherwise unavailable to most retail investors. This BDC yields 5.75% and pays monthly. It's internally managed, with a lower percent of operating expenses than BDC averages.It has outperformed the BDC industry's average performance in 2021.
Houston-based Main Street Capital (MAIN) is an internally-managed BDC, which specializes in equity capital to lower middle market - LMM companies, with revenue between $10-$150M, and EBITDA between $3-$20M. It was founded in 2007. It's one of the largest BDCs, with a $3.1B market cap, and $5.1B in assets under management.
Source: Seeking Alpha
Related Articles:
5.75% Dividend Yield, Monthly Payer
Posted by D4L | Wednesday, January 12, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.