- Interest rates are rising and this article discusses the BDC sector currently yielding between 6% and 11% that will benefit.
- This article compares two of them managed by PennantPark, one of which I'm predicting another dividend increase and is likely a Buy at these prices.
- These BDCs will both benefit from recent portfolio developments discussed below and rising interest rates likely driving additional dividend increases in 2022.
- I own both BDCs for many reasons, including higher-quality management, recent NAV/book value growth, and solid dividend coverage.
For further details see:
Head-To-Head High Yield Comparison: PennantPark