Goldman Sachs BDC: 12% Yield And Re-Rating Potential (Rating Upgrade)

JayLazarinGoldman Sachs BDC, Inc. (NYSE:GSBD) has enjoyed a nice surge of new investment commitments in the first quarter that is poised to lead to higher net investment income in the future. Furthermore, the business development company comfortably covered its dividend payout of $0.45 per share per quarter with net investment income and the portfolio kept performing well. Goldman Sachs BDC’s low non-accrual ratio, strong excess dividend coverage and moderate valuation help make a solid value propositio ...