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Where Will Ares Capital Corporation Be in 1 Year?
The Motley Fool· 2025-04-24 12:50
The high-yield BDC could be a safe haven investment in a stormy market.Ares Capital (ARCC 1.74%) is often considered a reliable income investment. It's the world's largest business development company (BDC), with a $26.8 billion portfolio at the end of 2024, and it pays out most of its profits as dividends. It currently pays a hefty forward dividend yield of 9.1%, and it has paid continuous dividends since its IPO in 2004. BDCs also need to pay out at least 90% of their taxable profits as dividends to maint ...
Crescent Capital BDC, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2025 Financial Results
Globenewswire· 2025-04-22 20:30
LOS ANGELES, April 22, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, 2025 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, May 15, 2025 at 12:00 p.m. Eastern Time to discuss its first quarter ended March 31, 2025 financial results. Conference Call Information: The conference call will be ...
Fidus Investment: Discounted And A Quality 10%+ Dividend, It Is A Buy
Seeking Alpha· 2025-04-12 14:43
Group 1 - Fidus Investment Corporation (FDUS) is identified as one of the six Business Development Companies (BDCs) held by the investor, with plans to reinvest all received dividends [1] Group 2 - Roberts Berzins has over a decade of experience in financial management, assisting top-tier corporates in shaping financial strategies and executing large-scale financings [2] - He has contributed to institutionalizing the REIT framework in Latvia to enhance liquidity in pan-Baltic capital markets [2] - His policy-level work includes developing national SOE financing guidelines and frameworks for channeling private capital into affordable housing [2] - Roberts is a CFA Charterholder and holds an ESG investing certificate, with experience from an internship at the Chicago Board of Trade [2] - He is actively involved in thought-leadership activities to support the development of pan-Baltic capital markets [2]
Carlyle Secured Lending: Closed Merger Improved Portfolio Quality
Seeking Alpha· 2025-04-01 17:02
Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I've built a rock-solid pillar in my financial foundation through dividend investing. I believe it's one of the most accessible paths to achieving financial freedom, and I'm excited to share my insights with you. I'm a finance professional with deep experience in M&A and business valuation. What does that mean in practice? I've evaluated coun ...
3 Ultra-High-Yield Dividend Stocks to Buy in April
The Motley Fool· 2025-04-01 09:50
Group 1: Ares Capital - Ares Capital offers a high dividend yield of 8.68%, which is sustainable due to its stable financial performance and a history of paying dividends for 15 consecutive years [2][3] - As a business development company (BDC), Ares Capital must return at least 90% of earnings to shareholders as dividends to avoid federal income taxes, providing a strong incentive for management to maintain dividend payments [3] - Ares Capital is the largest publicly traded BDC with a diversified portfolio, boasting the highest base dividend per share and net asset value per share growth among large publicly traded BDCs over the past decade [4] Group 2: Energy Transfer - Energy Transfer has a forward distribution yield of 6.95% and plans to increase its distribution by 3% to 5% annually, having recently raised the payout by 3.2% in Q4 2024 [6] - The company operates over 130,000 miles of pipeline in the U.S., positioning itself as a leader in the North American midstream energy industry [7] - PJM projects a 19% increase in summer peak power demand over the next five years, driven by data centers and electrification trends, prompting Energy Transfer to invest in capital projects to meet this demand [8] Group 3: Pfizer - Pfizer offers a forward dividend yield of 6.82%, one of the highest in the healthcare sector, with management committed to maintaining and growing the dividend [10] - The company reported revenue of $63.6 billion and profit of $17.7 billion last year, indicating strong financial health to support its dividend strategy [11] - Despite facing patent expirations for several top products, Pfizer has a robust pipeline with 115 candidates, including five awaiting regulatory approvals and 32 in late-stage testing, providing multiple growth drivers [12]
WhiteHorse Finance: Still No Signs Of Improvement
Seeking Alpha· 2025-03-21 12:46
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines high-quality dividend stocks with other investment vehicles such as Business Development Companies, REITs, and Closed End Funds to enhance income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The company advocates for a balanced approach to investing, focusing on both growth and income to maximize investment returns [1]. - The strategy aims to create a solid base of classic dividend growth stocks, which can lead to significant bill-paying potential over time [1]. Performance Comparison - The total return from this hybrid investment strategy is reported to be on par with the S&P 500 index, indicating its effectiveness in generating returns [1].
Portman Ridge(PTMN) - 2024 Q4 - Earnings Call Transcript
2025-03-14 14:30
Portman Ridge Finance (PTMN) Q4 2024 Earnings Call March 14, 2025 10:30 AM ET Company Participants Ted Goldthorpe - CEO, President & DirectorPatrick Schafer - Chief Investment Officer & DirectorBrandon Satoren - Chief Financial Officer, Secretary & TreasurerChristopher Nolan - Senior VP - Equity ResearchJustin Marca - VP - Equity ResearchSteven L. Martin - PresidentPaul Johnson - Vice President Operator Welcome to Portman Ridge Finance Corporation's Fourth Quarter and Full Year Ended 12/31/2024 Earnings Con ...
Great Elm Capital (GECC) - 2024 Q4 - Earnings Call Transcript
2025-03-11 17:00
Great Elm Capital Corporation (NASDAQ:GECC) Q4 2024 Results Conference Call March 11, 2025 8:30 AM ET Company Participants Matt Kaplan - Chief Executive Officer Keri Davis - Chief Financial Officer Mike Keller - President, Great Elm Specialty Finance Conference Call Participants Mickey Schleien - Ladenburg Thalmann Erik Zwick - Lucid Capital Markets Operator Greetings, and welcome to the Great Elm Capital Corporation Fourth Quarter 2024 Financial Results Call. [Operator Instructions] As a reminder, this con ...
OFS Capital: Q4 Earnings Reveal Continued Weakness To Higher Interest Rate Environment
Seeking Alpha· 2025-03-06 14:30
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines high-quality dividend stocks with other investment vehicles such as Business Development Companies, REITs, and Closed End Funds to enhance income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The investment approach focuses on creating a balanced portfolio that not only provides income through dividends but also captures growth, aiming for a total return that aligns with the S&P 500 [1]. - The strategy suggests that a solid base of classic dividend growth stocks can be effectively supplemented with alternative assets to boost overall investment income [1].
MSCC(MAIN) - 2024 Q4 - Earnings Call Transcript
2025-02-28 16:00
Main Street Capital (MAIN) Q4 2024 Earnings Call February 28, 2025 10:00 AM ET Company Participants Zach Vaughan - Vice PresidentDwayne Hyzak - Member of the Board & CEODavid Magdol - President and Chief Investment OfficerRyan Nelson - CFO & TreasurerRobert Dodd - Director - FinanceKenneth Lee - Vice PresidentNick Meserve - Managing Director and Head of our Private Credit Investment Group Conference Call Participants Mark Hughes - AnalystCory Johnson - Associate Analyst Operator Greetings, and welcome to th ...