ORCC - Dividends From The BDC Sector Driving Higher Returns

BDC Total Returns

As predicted in previous articles, business development companies ("BDC") continue to do well with an average total return of almost 24%. However, there is a wide range of results and the market has started to pullback. The table below shows the total returns by BDC using ex-dividend dates for calculating dividends accrued/paid.

For example, the following table shows the dividend history for Hercules Capital (HTGC) which has already accrued and paid its Q4 2019 dividends:

Source: Fidelity Investments

The following table shows the recent dividend history for Main Street Capital