Three supercharged income stocks -- sporting an average yield of 10.96% -- can fatten investors' wallets on a monthly basis.. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, investors have a myriad of ways to grow their wealth on Wall Street. But among these countless strategies, few have more consistently delivered for investors than buying and holding high-quality dividend stocks. Companies that pay a regular dividend to their shareholders are typically profita ...

Core Insights - The article provides a detailed analysis comparing Golub Capital BDC Inc. (GBDC) with 11 of its business development company (BDC) peers, focusing on dividend sustainability and financial metrics [1][2][3] Group 1: Dividend Analysis - GBDC declared a base dividend of $0.39 per share for Q1 2025, with a TTM dividend yield of 12.30% and an annual forward yield of 10.32% based on its stock price as of March 21, 2025 [10][31] - For Q2 2025, GBDC maintained the same base dividend of $0.39 per share, resulting in a TTM dividend yield of 11.91% and an annual forward yield of 10.62% as of June 13, 2025 [28][29][31] - GBDC's management has indicated a high probability (70%) of maintaining the base dividend through Q4 2025, with no special periodic dividends expected for Q3 and Q4 2025 [33] Group 2: Financial Metrics Comparison - GBDC's cumulative undistributable taxable income (UTI) coverage ratio was 0.09 as of March 31, 2025, reflecting a decrease over the trailing twelve months [16][17] - The weighted average annualized yield on GBDC's debt investments was 10.50% as of December 31, 2024, which is below the mean of 11.60% among its peers [20][24] - GBDC's weighted average interest rate on outstanding borrowings was 5.37% as of March 31, 2025, showing an increase due to the merger with GBDC 3, which had a higher cost of capital [24][25] Group 3: Market Position and Recommendations - GBDC's stock price was $14.69 as of June 13, 2025, and the company is currently rated as HOLD, with a price target of approximately $15.95 per share [36][37] - The analysis indicates that GBDC's annual forward yield to its projected NAV was 10.51%, which is near the average of its 12 BDC peers [32][31] - The article emphasizes that GBDC has not decreased its base dividend since Q2 2020, highlighting a consistent dividend policy despite market fluctuations [18][19]

If you’re into high-yielding investments, then you probably know about mortgage REITs. But you should also know about preferred shares, baby bonds, and BDCs. We cover all of these investments, as well as equity REITs, inside The REIT Forum. These alternatives tend to perform much better than mortgage REIT common shares over long periods. That doesn’t mean every one of them will be a winner, but on average, they come out ahead. There will still be BDCs like Prospect Capital (PSEC). We cut coverage of PSEC so ...

The Blackstone Secured Lending Fund (NYSE: BXSL ) is a business development corporation ('BDC') that lends money to private companies. It invests exclusively in first lien debt , meaning that its loans are relatively safe by private credit standards. First lienAnalyst’s Disclosure:I/we have a beneficial long position in the shares of OCSL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...

The way how BDCs (business development companies) make their money boils down to borrowing as cheap as possible in order to have capital that could be lent to relatively high-risk companies at much higher yields. This results in a spread, which can be enhancedRoberts 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 framework in Latv ...

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 ...

Core Insights - Business Development Companies (BDCs) are publicly-traded firms that lend to small businesses and are mandated to return at least 90% of taxable income to shareholders as dividends [3][4] - BDCs offer high yields, with some providing returns up to nearly 13% [2] - The article highlights three specific BDCs that are trading below their net asset value (NAV) while offering substantial dividends [3] BDC Overview - BDCs were created by Congress to serve as new lenders to small businesses, similar to Real Estate Investment Trusts (REITs) [3] - They are characterized by their requirement to distribute a significant portion of their income as dividends, making them attractive for income-focused investors [3] High-Yield BDC 1: BlackRock TCP Capital Corp. (TCPC) - TCPC focuses on middle-market companies with enterprise values between $100 million and $1.5 billion and has a diverse portfolio of 146 companies [4] - The investment mix is primarily in first-lien debt (83%), with 94% of its debt being floating-rate [5] - TCPC has faced challenges, including a recent dividend cut and a high level of non-accrual loans at 12.6% [10][9] High-Yield BDC 2: Crescent Capital BDC (CCAP) - CCAP is associated with Crescent Capital Group and invests in 191 portfolio companies, primarily in first-lien debt (91%) [11][12] - The company has a complex dividend history, with recent changes in special dividends and a focus on undistributed taxable income [13][14] - CCAP is currently trading at a 23% discount to NAV, with an 11% yield on the base dividend [16] High-Yield BDC 3: PennantPark Floating Rate Capital (PFLT) - PFLT targets midsized companies with annual EBITDA between $10 million and $50 million and has a portfolio of 190 companies [17][18] - Approximately 90% of PFLT's portfolio consists of floating-rate first-lien debt [19] - The company pays monthly dividends with a yield of nearly 12%, but its dividend coverage is tight, with a 97% payout ratio [21][20]

Group 1 - Carlyle Secured Lending (CGBD) reported Q1 results with a dividend yield of 11.5% and a 16% discount to NAV [1] - The net investment income price yield for CGBD is 11.8%, which aligns with market expectations [1]

Back in late October of 2023, one company, specifically a BDC (business development company), that I decided to look into was Ares Capital Corporation (NASDAQ: ARCC ). I initially found myself attracted to the hefty yield thatCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow an ...

Contributing 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 everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income ...