BCSF - Bain Capital Specialty Finance: I Am Getting 11.4% Yield On My Last Purchase
2024-03-22 02:01:22 ET
Summary
- Bain Capital Specialty Finance has substantial excess dividend coverage, indicating potential for significant cash returns in 2024.
- Despite a shrinking investment portfolio, the BDC's net investment income is sufficient for a substantial dividend raise this year.
- With an 11% discount to net asset value and an 11.4% yield, there is potential for re-rating and capital appreciation for passive income investors.
Bain Capital Specialty Finance Inc. ( BCSF ) is a well-managed BDC with substantial excess dividend coverage that could translate into a significant excess cash return potential in 2024....
Bain Capital Specialty Finance: I Am Getting 11.4% Yield On My Last Purchase