MAIN - The 5 Best BDC Dividends In March 2024

2024-03-26 07:15:00 ET

Summary

• Business Development Companies are facing growing headwinds right now that make me relatively bearish on the sector.
• That being said, they still offer high dividend yields and stable cash flows through senior secured loans, making them suitable holdings as part of a well-diversified income portfolio.
• I list the five best BDC dividends right now along with an honorable mention.

Business Development Companies (i.e., "BDCs") ( BIZD ) are great income vehicles as they offer investors some of the highest dividend yields in the market and support these yields with relatively stable cash flows thanks to the fact that this sector invests primarily in senior secured loans. Moreover, they provide a bit of a hedge against rising interest rates since most of these loans are floating rates....

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