Investment Thesis
Saratoga Investment Corp. (SAR) is a business development company, BDC and collateralized loan obligation (CLO) manager that sports a 9% yield that is growing. The key that makes this company a great immediate income vehicle is that it has been flying under the radar for quite sometime, meaning dividend reinvestment continues to offer a high yield.
A Simple Definition
Due to previous confusion, whenever I write concerning immediate income investing, I feel it is necessary to define what I'm speaking of when doing so. I define immediate income investing as: investing