Want an Extra $12K Per Year? Put 100K in These 7 Dividend Stocks.

Core Viewpoint - High-yield dividend stocks are currently considered some of the best investment options due to high valuations in growth and tech stocks, suggesting a cautious approach to new positions in those areas [1][2]. Group 1: High-Yield Dividend Stocks - High-yield dividend stocks allow for reinvestment of yields over decades, leading to significant wealth accumulation through compounding [2]. - Investing $100,000 in a selected group of dividend stocks could potentially yield an additional $12,000 annually if trends continue [3]. Group 2: Golub Capital BDC (GBDC) - GBDC reported a record adjusted net investment income per share of 51 cents, a 21% increase from the previous year, resulting in a 13.5% annual return for shareholders [5]. - The upcoming merger with Golub Capital BDC 3 is expected to reduce management fees, establishing a new fee structure standard [6]. - GBDC currently offers a yield of approximately 9.54%, making it attractive for income-focused investors [7]. Group 3: Trinity Capital (TRIN) - TRIN reported $243 million in gross funding, achieving a 38% year-over-year growth in assets under management to $1.6 billion [11]. - The company increased its quarterly dividend to 51 cents per share, marking the 13th consecutive increase, with a current yield exceeding 13.6% [12]. Group 4: CTO Realty Growth (CTO) - CTO signed over 100,000 square feet of new leases at an average rent of $27.12 per square foot, indicating strong business performance [15]. - The company has a nearly 93% occupancy rate and recently raised $33 million through Series A preferred stock to pay off floating-rate debt [17]. - CTO's dividend yield is over 8.5%, although its history of consistent dividend payments is limited [17]. Group 5: Capital Southwest (CSWC) - CSWC grew its investment portfolio by 22% to $1.5 billion and increased its regular dividend by 10% to $2.24 per share [20][21]. - The company maintains a 121% regular dividend coverage ratio, indicating sustainability of dividend payments [21]. - CSWC's current dividend yield is 9.5%, with expectations for potential special dividends due to undistributed taxable income [22]. Group 6: Blue Owl Capital Corporation (OBDC) - OBDC reported net investment income of 47 cents per share, achieving a 12.1% return on equity and increasing its net asset value to $15.47 per share [24]. - The company declared a total dividend yield of 10.12%, with strong earnings supporting the sustainability of these payments [26]. Group 7: Hercules Capital (HTGC) - HTGC achieved record origination and funding numbers, with $956 million in gross commitments, marking its best funding quarter [29]. - The company maintains a conservative leverage ratio of 93.6% while generating a robust 14.9% portfolio yield [30]. - HTGC's dividend yield is attractive, with consistent payouts and a strong balance sheet [32]. Group 8: MPLX LP (MPLX) - MPLX reported an 8% increase in adjusted EBITDA to $1.6 billion, translating to $1.4 billion in cash available for distribution [34]. - The company returned $951 million to unitholders during the quarter, with a current dividend yield of 8.3% [35].