Co-produced by Treading Softly and PendragonY
Recently, we have been adjusting our model portfolio to be defensive while also providing predictable high-yielding immediate income. Today, we wanted to highlight a lesser known business development company, BDC, that is producing strong income while simultaneously growing its dividend every quarter.
Who is this little BDC that could? Saratoga Investment (SAR). SAR has raised its dividend for 18 quarters like clockwork and continues to out-earn its dividend - leaving room for future growth.
Source: SAR Earning Slides
While this is impressive, we've discovered another major catalyst