AINV - Oil-Exposed BDCs Continue To Rally But Still Yield 9% To 11%

Article Follow-Up:

This article is a follow-up to "9.4% Dividend Yield Supported By Rising Rates And Growing Book Value," predicting additional increases in Gladstone Capital's (GLAD) book value and earnings per share due to higher oil prices and LIBOR as well as accretive share issuances:

As shown below, GLAD's stock price has rallied by more than 8% since the previous article linked above:

Oil prices have rallied over the last 10 quarters:

As discussed last week in "9.3% Yield And Recent Rally From Rising Book Value", PennantPark Investment's (