CGBD News and Press, TCG BDC Inc. From 02/03/21

When the pandemic hit last year this higher yield sector took a huge pricing hit with dividend yields soaring to 30% to 40%. The average dividend yield among Business Development Companies ("BDCs") was around 20% for most of March 2020. I was actively making purchases during this ...

On January 13, 2021, ARCC closed an offering of $650 million of its 2.150% unsecured notes. Included in the SEC filings related to the offering were Q4 2020 preliminary results. This article discusses the details included in the SEC filings as well as portfolio credit quality and rece...

As a follow-up to "Oasis Of Dividends From This 10.8% Yielding Sector," this article discusses return and expense ratios for BDCs many with sustainable dividend yields of 8% to 12%. Each quarter, I assess which BDCs have the highest return ratios and why. BDCs with lower expenses ...

The average BDC is currently yielding 10.8% with an average dividend coverage ratio of 110% for Q3 2020 and improving net interest margins. This article discusses one of the BDCs that I recently purchased currently yielding 12.1% annually taking into account the special dividend annou...

October 9 to December 15 readers mentioned 40 equities in their comments. Some lamented bad news, so bad news investments (rogues) mixed with (mostly) favorites. Ten analyst-target-estimated TOP-NET-GAIN reader faves & rogues (ReFa/Ro) MET, PFE, SU, CSCO, FSK, PNNT, MRK, EPD, CHMI...

TCG BDC yields 11.72%, not including this quarter's special dividend. It's selling at a -27.25% discount to NAV/Share. It goes ex-dividend on 12/30/20. For further details see: TCG BDC: 27% Discount, 12% Yield

BDCs have outperformed over the last few quarters mostly due to reporting stronger-than-expected results. I'm expecting the average BDC to deliver total returns of around 25% from their current prices through 2021 for the reasons discussed below. The average BDC is currently yield...

Ares Capital (ARCC) shares slip 1.3% in premarket trading after JPMorgan analyst Melissa Wedel downgrades the stock to Neutral from Overweight, citing valuation.See ARCC's total return over the past month vs. S&P 500 and peers TSLX, SLRC and OCSL:Portfolios with "out-sized non-accrua...

Seeking Alpha lists stocks monthly that are "undercovered" by contributors. December's list numbered in the thousands and included both equities and funds. These 56 were among the rarest equity dividend-payers. Top-ten SA rare dividend-dogs boasted net-gains from 15.94%-104.53% from A...

A total of 3,125 U.S. firms declared dividends in November 2020, an increase of 93 over the 3,032 recorded in October 2020. 78 U.S. firms announced they would pay a special (or extra) dividend to their shareholders in November 2020, an increase of 45 over the number recorded in Octobe...