Barings(US:BBDC) 24/7 Wall Streetยท2024-02-18 14:30Core Viewpoint - The article emphasizes the potential of generating passive income through investments in business development companies (BDCs) that offer substantial dividends, highlighting six specific BDC stocks that can collectively yield over $2,000 annually from a $15,000 investment [2][21]. Summary by Company - Barings BDC Inc. (NYSE: BBDC) - Investment of $2,500 yields an annual passive income of $295.00 with a dividend yield of 11.8% - Focuses on private middle-market companies across various industries including manufacturing, technology, and consumer services [4]. - BlackRock TCP Capital Corp. (NASDAQ: TCPC) - Investment of $2,500 yields an annual passive income of $385.00 with a dividend yield of 15.4% - Invests in diverse sectors such as communication services, healthcare, and biotechnology [7]. - Fidus Investment Corp. (NASDAQ: FDUS) - Investment of $2,500 yields an annual passive income of $385.00 with a dividend yield of 15.4% - Specializes in sectors like aerospace, healthcare, and IT services, with a consistent increase in dividends since September 2022 [10]. - Runway Growth Finance Corp. (NASDAQ: RWAY) - Investment of $2,500 yields an annual passive income of $335.00 with a dividend yield of 13.4% - Primarily invests in technology and life sciences sectors, maintaining dividends since its IPO in 2021 [13]. - Saratoga Investment Corp. (NYSE: SAR) - Investment of $2,500 yields an annual passive income of $312.50 with a dividend yield of 12.5% - Focuses on leveraged buyouts and growth financings across various industries, with dividends increasing since summer 2022 [16]. - Trinity Capital Inc. (NASDAQ: TRIN) - Investment of $2,500 yields an annual passive income of $360.00 with a dividend yield of 13.4% - Specializes in venture debt for growth-stage companies and has seen variable dividends since its IPO [19]. Total Investment Summary - A total investment of $15,000 across these six BDC stocks can generate an annual passive income of $2,072.50 [22].