Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Even with interest being high, firms still need access to capital. But the tricky environment takes a deft touch to make this all happen. Luckily, our new Best High-Yield Dividend Stocks Model Portfolio pick happens to be one of the best business development companies (BDCs) around, offering plenty of dividend growth for its shareholders. Investors can take advantage of this opportunity before it goes ex-dividend on Wednesday, December 14, when it will raise its regular quarterly dividend by 12% to $0.48 per share!
Our pick is one of the elder statesmen in the industry. Operating for over 20 years, our pick has deployed billions in loans and capital to firms needing funding. The secret to its success remains the strength of its private equity partner that helped our pick find the best deals and add a touch of safety to its loans.
Better still, as one of the larger firms in the industry, our pick has found additional strength in its balance sheet as well as the ability to make larger, more capitalized loans. The end result is a firm that has been able to raise its dividend three times this year alone.
In addition to adding our BDC stock, we have increased our positions across the portfolio as well as removed a tech stock and REIT from the list.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.