Continue to site >
Trending ETFs

6.2% Yield BDC Reaffirmed on Best Monthly Dividend Stocks List

Businesses run on capital. But for some businesses—those in the so-called middle market—finding needed capital can be difficult. To that end, there’s a whole ecosystem of private lenders ready to take advantage of these firms. Our Best Monthly Dividend Stocks List pick is one of the best.

Our pick is one of the largest and strongest providers of capital to the middle market, with a big history of making performing loans. Thanks to its conservatively run management, our pick eschews troubled firms and those in desperate situations. The key to our pick’s success is that many of its loans are made with floating rate coupons. This allows our pick to profit as rates rise.

Even better is that our pick is a business development company for tax purposes. With such a structure, our pick is able to push much of its cash flow back to investors monthly via a high 6.2% dividend yield. The next distribution comes on Friday, April 1 when it goes ex-dividend.

You can check out the Best Monthly Dividend Stocks List to explore all the stocks.

Get Premium to keep reading
This is a premium article. Please login to your Dividend.com Premium account to access this article.
Login Now