I have been long Fidus Investment (NASDAQ: FDUS ) since March 2024, when I realized that the BDC was trading slightly below NAV despite forthcoming high-probability equity sales. Plus, FDUS's capital structure, which at that time was almost the least leveraged in the entireRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT fra ...

I'm not getting any younger. These days, I'm thinking more and more about retiring and the stream of passive income that will allow me to thrive instead of merely surviving. I'm attracted to high yields like everybody else, but there are more important factors to consider. Ares Capital (ARCC 0.94%), W.P. Carey (WPC -0.24%), and Realty Income (O -0.24%) have been hovering at the top of my list of dividend stocks to buy because they do more than just offer a high yield. W.P. Carey has raised its dividend ever ...

Core Viewpoint - The article emphasizes the growing interest in dividend stocks, particularly for investors approaching retirement, highlighting the appeal of regular income and reinvestment opportunities. Group 1: Ares Capital - Ares Capital is the largest publicly traded business development company (BDC) and provides direct loans to private middle-market companies in the U.S. [3] - The stock is affordable with a share price under $22 and a forward price-to-earnings ratio of 10.7 [3][4]. - Ares Capital has a forward dividend yield of 8.95% and has paid stable to growing dividends for 63 consecutive quarters [4]. - The total addressable market for Ares Capital is estimated at $5.4 trillion, positioning the company well for market growth [5]. Group 2: Enbridge - Enbridge is a leading player in the midstream energy industry, operating extensive crude and natural gas pipelines, and is the largest natural gas utility in North America [6]. - The company's diversified operations make it resilient across economic cycles, with less than 1% of EBITDA linked to commodity prices and approximately 80% protected from inflation [7]. - Enbridge has increased its dividend for 30 consecutive years, with a forward dividend yield of 6.07% and a distributable cash-flow payout ratio between 60% and 70% [8]. Group 3: Enterprise Products Partners - Enterprise Products Partners is another midstream energy leader, operating over 50,000 miles of pipeline and owning various energy assets [11]. - The company has a strong resilience, with around 90% of long-term contracts protected from inflation, and has consistently generated strong distributable cash flow [12]. - Enterprise Products Partners has increased its distribution for 26 consecutive years, with a forward distribution yield of 6.93% [13].

Economic Outlook - There is significant uncertainty regarding the economy and interest rate direction for the year [1] - The Federal Reserve (FED) decided to keep interest rates steady in their latest meeting, which was anticipated [1] Investment Strategy - The focus is on dividend investing in quality blue-chip stocks, Business Development Companies (BDCs), and Real Estate Investment Trusts (REITs) [1] - The investment approach is characterized as buy-and-hold, prioritizing quality over quantity [1] - The goal is to help lower and middle-class workers build investment portfolios of high-quality, dividend-paying companies [1]

Group 1 - PhenixFIN (NASDAQ: PFX) is a Business Development Company (BDC) that was formerly known as Medley Capital Corporation and has undergone a transformation under new management [1] - The management structure of PhenixFIN was internalized at the beginning of 2021, leading to significant changes in operations [1]

On my investment journey, I've listened and read a lot from Warren Buffett & Peter Lynch. While there are many great investors out there, these two resonate with me for one reason. They're both very simple men. And I consider myself to be veryContributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage e ...

OFS Capital Corporation Nasdaq: OFS (common stock) Nasdaq: OFSSH (unsecured notes) PAR $25 4.95% Notes due 2028 Institutional Notes (unsecured notes): PAR $2,000 4.75% Notes due 2026 Investor Presentation May 2025 www.cimgroup.com | ©2018 CIM Group | TRADE SECRET / CONFIDENTIAL INFORMATION www.ofscapital.com | ©2025 OFS Capital Corporation Important Disclosures This presentation contains "forward looking statements" that are subject to risks and uncertainties. Forward-looking statements can be identified by ...

Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, an ...

Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Core Viewpoint - The stock classification of Golub Capital BDC (NASDAQ: GBDC) has been changed from 'Buy' to 'Hold' due to a concerning rise in its dividend pay-out ratio above 120% [1] Summary by Relevant Sections - **Dividend Pay-out Ratio**: The company has experienced a significant increase in its dividend pay-out ratio, which now exceeds 120%, indicating potential financial strain [1] - **Investment Perspective**: The article reflects a cautious stance on GBDC, suggesting that the current financial metrics warrant a more conservative investment approach [1] - **Research Focus**: The analysis emphasizes the importance of monitoring financial health indicators such as dividend sustainability in assessing investment opportunities [1]