This is the first in a series of articles based on types of vehicles that pay monthly dividends. Many people have the desire to increase their monthly income which leads to various activities to accomplish this objective. They may work extra hours at their job, start a side business or stuff envelopes for a few …
The Capital Southwest Corporation (CSWC) board of directors has declared a cash dividend in the amount of $2.75 per share of common stock. This special dividend is a yield of 2.5% based on the current stock price. The dividend is payable on March 28, 2013 to shareholders of record on March 15, 2013. Capital Southwest …
CSWC Announces $2.75 Special Dividend – Stock Trades at 49% Discount to NAV Read More »
Market Vectors ETF Trust just launched the Market Vectors BDC Income ETF (NYSE: BIZD), the first exchange-traded fund (ETF) designed to provide pure-play exposure to business development companies (BDCs). BIZD is currently trading at $20.29 and will pay quarterly dividends and annual capital gains. The initial dividend amount has not been announced yet but the …
Kohlberg Capital Corporation (NASDAQ: KCAP) is a private equity and venture capital firm specializing in mid market, buyouts, and mezzanine investments. It focuses on mature and middle market companies. For the three months ended June 30, 2012, Kohlberg Capital reported total investment income of approximately $9.5 million, as compared to approximately $6.1 million for the three months ended June 30, …
Get an 11% Dividend Yield from this Private Equity Company Read More »
Rising earnings estimates on the back of strong second quarter results – including a 48.2% earnings surprise – have helped TICC Capital Corp (NASDAQ: TICC) achieve a Zacks #1 Rank (Strong Buy) on August 30. Moreover, this non-diversified management investment company has delivered an average surprise of 28.2% over the past four quarters. With a …
Buy this BDC for Rising Earnings and a 11% Dividend Yield Read More »
Main Street Capital Corporation (MAIN) announced today that its Board of Directors declared monthly dividends of $0.145 per share for each of July, August and September 2012. These monthly dividends equal a total of $0.435 per share for the third quarter of 2012. The third quarter 2012 dividends represent an 11.5% increase from the dividends …
Main Street increases Monthly Dividends Again in Q3 Read More »
The BDC business model is to lend to small and midsized companies at high yield equivalent rates while also at times taking equity stakes in such companies. BDCs can also take an active part in assessing the borrower’s prospects and modifying business practices if necessary with the goal of ensuring a favorable return for shareholders …
2 Aggressive Investments in Business Development Companies Read More »
Business Development Companies (BDCs) allow public shareholders access to portfolios that resemble private-equity funds. However, BDCs are not for the faint of heart. Most offer liquidity, income, upside potential, professional management and the opportunity to invest in some attractive areas. But there are significant risks includinghigh fees, leverage, conflictsof interest and risky underlying investments, to name a …
New Listing of Business Development Companies (BDC) for Monthly Income Read More »
In yesterdays post, Fitch comfirmed that the business development company’s would remain stable throughout 2011 as recent capital raises and leverage reductions have provided ample investment capital to deploy and improved overall operating flexibility. BDCs lend to and invest in companies in connection with investments by private equity sponsors. Basically, they makes loans at a …
2 BDCs Offering Monthly Income at Yields Above 1o% Read More »
Prospect Capital Corporation (PSEC) is a financial services company that lends to and invests in middle market privately-held companies. The Company is a closed-end investment company. The Company invests primarily in senior and subordinated debt and equity of companies in need of capital for acquisitions, divestitures, growth, development, project financing and recapitalization. The Company’s investment …
