CGBD News and Press, TCG BDC Inc. From 02/13/22

CGBD is a relatively new BDC which targets secured lending in the middle market. Strong liquidity and rising interest rates may continue to benefit the sector as most secured loans are floating rates. CGBD’s size and management structure are a performance drag, causing lagg...

25 companies paid dividends with 3 raises and some special pays raising income by 8.68% from Jan 2021, and 14.57% from Q4 October. Estimated forward dividend yield has risen to 4.7% and income will rise ~15.9%. Transactions revealed which included 2 new buys, 1 sell and numerous a...

MAIN is considered a best-of-breed BDC currently yielding around 6% and will be announcing Q4 results soon. MAIN provided preliminary Q4 results and portfolio activity which is discussed in this update and will have an impact on dividends. MAIN typically announces dividends two to...

We take a look at the action in BDCs through the fourth week of January and highlight some of the key themes we are watching. BDCs continue to outperform the broader income market helped by a consensus shift to 5 hikes this year. Two trends this year are that larger BDCs have tend...

This article discusses why TSLX is my largest holding. TSLX has top-notch management continually focused on returns to shareholders or ROE. TSLX has provided investors with excellent returns over the short and long term. Please see the end of the article for my previous TSLX purch...

Oppenheimer analyst Mitchel Penn starts coverage of TCG BDC (CGBD +0.8%) with a Perform rating, based on estimated fair value of $15 per share. The business development company's shares recently traded at $13.82. Penn estimates TCG BDC (NASDAQ:CGBD) will earn $2.51 per share in 2021, $1.54 in...

SLRC and SUNS are among the worst-performing BDCs over the last two years mostly related to lower dividend coverage due to being underleveraged. Earlier this month, SLRC and SUNS announced a potential merger with very different impacts on each company. This article discusses who b...

We take a look at the action in BDCs through the fourth week of November and highlight some of the key themes we are watching. Like September, November is likely to be another write-off for BDC investors. However, the strong price action in October has more than made up for these two ...

BDCs, like REITs almost 20 years ago, want institutional investors and the scale that comes with them. Many of the largest asset managers have been focusing on the BDC sector, including BlackRock, Goldman Sachs, Franklin Templeton, Blackstone, Barings, Carlyle Group, KKR, Bain, TPG Ca...

A quality safe and growing dividend is a primary goal for a stock inclusion in “RIG” /Rose’s Income Garden. High Yield “HY” stocks being lucrative are also desired to be safe along with knowing more risk might be involved with lower dividend growth. ...