FDUSZ - Active Insider Buying At Golub Capital Yielding 8.8%
- This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6% to 10%.
- GBDC is trading below book value/NAV offering a current dividend yield of 8.8%.
- GBDC has higher quality management that have been actively purchasing additional shares at prices well below its current book value/NAV of $14.10.
- On the recent call management discussed the current dividend as “not only sustainable but that we can build upon over time."
For further details see:
Active Insider Buying At Golub Capital Yielding 8.8%