PennantPark Investment: Dividend Increase Shows Confidence, But Investors Should Remain Speculative

Richard Drury As a dividend investor, I love when my investments give me pay raises in the form of dividends. In the words of Warren Buffett, "I get euphoric..." when this happens. I feel the same, knowing my hard-earned money is being put to good use by placing it in solid businesses that grow their dividends over time. A dividend increase usually shows that a company is not only performing well, but that it has confidence going forward that the business will continue growing. One BDC that recently raised ...