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7.3% Yield Lower Middle Market BDC Reaffirmed in Best Monthly Dividend Stocks List

It’s tough to be a mid-sized business. Particularly when it comes to finding capital. Your local savings & loan and traditional investment banks simply won’t provide the funds. But for our latest Best Monthly Dividend Stocks List pick filling this niche has resulted in a bonanza of cash flow, which the firm shares with investors via a high monthly yield as well as plenty of special dividends. In fact, investors can catch its latest 22.5 cent per share monthly payout if they buy the stock before it goes ex-dividend on Thursday, January 5.

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

Our pick can offer a steady high yield thanks to its status as one of the best business development companies (BDCs) around. The key win remains its risk controls to its underwriting. The firm focuses on lower middle-market companies. In addition to lending money in a senior capacity, our pick often takes equity stakes in its borrowers. This allows it to provide guidance and helps make business decisions. The end result is plenty of safety to its underwriting capabilities.

Meanwhile, our pick’s conservative underwriting nature also applies to its own balance sheet. Low debt levels and smart management has only strengthened our pick’s financial position over the years.

With capital getting constrained, our pick is in the driver’s seat to win big during the current market environment and eventual rebound.

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