Looking for a high yield investment that profits from rising interest rates? This stock yields 9.66%. It's selling at an 11% discount to NAV/Share. Rising rates are a boon for the company: 99% of its assets are floating rate, while 47% of outstanding debt is fixed rate.
Take a look at Owl Rock Capital (NYSE:ORCC), the 3rd largest company in the Business Development Company, BDC, industry. ORCC benefits from its size - it's the 3rd largest BDC by market cap, with access to its parent's, Blue Owl (OWL) huge $44.8B platform, which includes several other companies, and 4 types of direct lending segments - Diversified, Technology, 1st Lien, and Opportunistic, in addition to its $6.8B in assets under management in its Wellfleet CLO's.
Source: Seeking Alpha
Related Articles:
Dividend Growth Stocks News
- 5 Top Dividend Stocks Yielding Over 5% to Buy for Passive Income - Yahoo Finance - 5/21/2025
- 3 No-Brainer Dividend Stocks to Buy With $1,000 Right Now - MSN - 5/22/2025
- Baby Boomers: 2 Dow Dividend Stocks Worth Rotating Into After a Volatile Quarter - 24/7 Wall St. - 5/23/2025
- These Dividend Stocks Could Insulate Your Portfolio From Tariffs, Recession - WSJ - 5/4/2025
- Should You Buy the 3 Highest-Paying Dividend Stocks in the S&P 500? - Nasdaq - 5/23/2025
- AFLAC Incorporated (AFL) Dividend Stock Analysis - 5/23/2025
- Automatic Data Processing Inc. (ADP) Dividend Stock Analysis - 5/16/2025
- Air Products and Chemicals Inc. (APD) Dividend Stock Analysis - 5/9/2025
- Waste Management, Inc. (WM) Dividend Stock Analysis - 5/2/2025
- Wal-Mart Stores, Inc. (WMT) Dividend Stock Analysis - 4/25/2025
9.6% Yield, 11% Discount, Benefits From Rising Rates
Posted by D4L | Thursday, September 01, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.