It is getting difficult to find high yields in the closed-end funds (CEF) these days. Below is a table with 5 potential candidates. All of these CEFs trade at a premium except Alpine Total Dynamic Dividend (AOD) which is trading at a -3% discount. PIMCO High Income is trading at a 52% premium of net …
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 »
We scanned the CEF (closed-end funds) landscape to find the 5 highest yielding CEFs with monthly distributions. All of these CEFs have an annual yield above 10%. We have eliminated those CEFs that return capital Add these stocks to your watchlist and wait to purchase on a market pullback. These are great investments to re-invest …
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 …
Can you still get a 10% annual dividend yield in today’s market? Yes. We scanned the CEF (closed-ended funds) landscape to find the 5 highest yielding CEFs with monthly distributions. All of these CEFs have an annual yield above 10%. As you would expect, 4 of the 5 CEFs are trading at a premium to …
Main Street Capital (MAIN) is a business development company that pays a monthly dividend. It currently has a dividend yield of 8.52% by paying a $0.13 dividend per month. MAIN has a market cap of $350 million. There is room for significant growth as MAIN offers more financing to companys between $10-100 million. The ROE is …
If you want to attain financial success and become debt free at the same time, you can plan t invest your money in any one of the different investment vehicles. As a result of the recession people have been suffering debt problems and income problems too. So, if you want to become debt free, you …
Municipal bonds are created as a source of funds for toll roads, schools, hospitals and other projects. These bonds are tax-exempt from Federal tax and some states. Individual investors like to buy munis in their taxable accounts to escape income taxes. During the economic crisis, mom and pop investors moved into munis to seek stability …
This is the third in the investing for monthly income series: get paid by business development companies. A business development company (BDC) is a publicly traded company that lends money to private companies. BDCs must pay out 90% of their income to avoid paying taxes. Therefore, BDCs pay out nearly all of their income to …
Let Business Development Companies Pay You Monthly Dividends Read More »
