Dividends4Life: 9.6% Yield, 11% Discount, Benefits From Rising Rates

9.6% Yield, 11% Discount, Benefits From Rising Rates

Posted by D4L | Thursday, September 01, 2022 | | 0 comments »

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

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