The Motley Fool

FEBRUARY 4, 2024

The company reported cigarette shipments that declined 9.9% Brand loyalty is strong enough that the company was able to raise prices on Marlboros and limit the losses. In 2023, smokable product revenue fell just 1.6%, net of excise taxes. Starved for capital, midmarket businesses are willing to pay above-average interest rates.

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JULY 29, 2024

As a business development company (BDC) , Ares must return at least 90% of its income to shareholders in the form of dividends for its profits to be exempt from taxes. The company has a lot of income to return with its dividend yield topping 9.2%. The company's scale and reputation help. It has also ranked No.

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AUGUST 23, 2023

Investors are more than a little concerned with a debt load of about $143 billion. With customers who rarely disconnect their mobile or fiber internet connections, AT&T's telecom business is a reliably profitable one that generated $18 billion in free cash flow over the past 12 months. at the end of June from just 7.7%

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The Motley Fool

DECEMBER 5, 2023

AT&T: 6.62% yield The first superior ultra-high-yield dividend stock that's itching to be bought as we motor toward the end of 2023 is legacy telecom stock AT&T (NYSE: T). AT&T closed out the September quarter with $138 billion in total debt. 30, 2023, AT&T's net debt fell from $169 billion to $128.7

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AUGUST 11, 2023

yield The second ultra-high-yield dividend stock that can generate $100 in super safe annual dividend income from an initial investment of $905 (split equally three ways) is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). As of the end of March 2023, PennantPark held $157.2 All but $0.1

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The Motley Fool

AUGUST 13, 2024

Between the start of 2023 and the midpoint of 2024, the bulls were firmly in control on Wall Street. A BDC is a company that invests in the debt or equity (common and/or preferred stock) of middle-market businesses -- i.e., generally unproven small- and micro-cap companies. For example, the company's $1.66

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MARCH 28, 2024

PennantPark Floating Rate Capital: 10.91% yield The second ultra-high-yield stock that can help you generate $300 in super safe monthly dividend income from a beginning investment of $43,000 split two ways is completely under-the-radar business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). Since Sept.

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The Motley Fool

DECEMBER 16, 2023

Q3 2023 was the 15th in a row with more than 200,000 new AT&T Fiber subscribers, and its consumer-broadband sales will likely rise even further in 2024. AT&T Fiber is currently able to serve around 24 million consumer and business locations, and it's on pace to reach more than 30 million by the end of 2025. year over year.

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The Motley Fool

AUGUST 25, 2023

PennantPark Floating Rate Capital: 11.75% yield A second ultra-high-yield dividend stock that can provide $200 in super safe annual-dividend income from an initial investment of just $1,750 (split equally, three ways) is under-the-radar business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

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The Motley Fool

JULY 14, 2023

PennantPark Floating Rate Capital: 11.37% yield A second ultra-high-yield dividend stock that can collectively generate $500 in super safe annual dividend income from an initial investment of $5,750 (split equally, three ways) is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

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The Motley Fool

DECEMBER 4, 2023

AT&T finished September with $129 billion in net debt. This is a heavy load, but highly reliable cash flows from mobile, home, and business internet subscribers are sufficient to whittle it down to a more manageable figure. 30 and it's using these profits to reduce debt. AT&T generated $19.8 yield at recent prices.

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The Motley Fool

SEPTEMBER 23, 2023

Ares Capital Corporation: Ultra-high yield and mild growth Ares Capital Corporation (NASDAQ: ARCC) is a business development company ( BDC ), which means it can avoid paying income taxes by delivering at least 90% of its earnings to investors as a dividend. In 2023, American Tower expects $9.70 At the end of June, 14.6%

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The Motley Fool

JANUARY 4, 2024

Realty Income endured a challenging campaign in 2023, with higher Treasury bond yields and concerns about a potential U.S. This predominantly under-the-radar BDC increased its monthly payout twice in 2023. BDCs are businesses that invest in small- and micro-cap companies (collectively known as "middle-market companies").

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The Motley Fool

JANUARY 2, 2024

With the curtain officially closed on 2023, it's safe to say that it was a phenomenal year for equities. Legacy telecom companies are lugging around quite a bit of debt on their balance sheets. Discovery , AT&T was sitting on $169 billon in net debt. Discovery assumed certain lots of debt previously held by AT&T.

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The Motley Fool

SEPTEMBER 4, 2024

Last year, the investment advisors at Hartford Funds released a report -- The Power of Dividends: Past, Present and Future -- that compared the performance of income stocks to non-payers over the last half-century (1973-2023), as well as analyzed their relative volatility to the benchmark S&P 500. As of June 30, PennantPark's $1.45

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The Motley Fool

JUNE 14, 2023

Ares Capital: A 10.05% yield Ares Capital (NASDAQ: ARCC) is a business development company, or BDC. Ares Capital is essentially a lender to midsized companies that have a hard time getting the big banks to return their calls. a year earlier. This BDC's costs of capital are rising too, but not quite as fast.

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The Motley Fool

APRIL 16, 2024

Billionaire hedge fund manager Ken Griffin more than tripled Citadel Advisors' position in Hercules Capital (NYSE: HTGC) during the last three months of 2023. million shares in the fourth quarter of 2023. A majority of Hercules Capital's assets are invested in debt structured with warrants , equity , and options. last year.

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SEPTEMBER 18, 2023

The company has raised its dividend payout for 17 straight years. Soaring interest rates have the market worried that Verizon's debt load could become too much of a burden. Steady cash flow generation and declining capital expenditures suggest its debt load will be manageable. Shares of Verizon offer a huge 7.7%

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The Motley Fool

JANUARY 23, 2024

At this time last year, IIP was contending with its first major challenge as a public company: delinquencies. In January 2023, IIP reported receiving only 92% of its contractual rent on time. Since then, the company's management team has reworked some master-lease agreements and divested a few properties.

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The Motley Fool

AUGUST 13, 2023

billion, and management expects at least $16 in free cash flow for all of 2023. That's twice as much as the company needs to meet its dividend commitment, which suggests a significant payout raise could be around the corner. This business development company (BDC) makes monthly payments, and it offers an eye-popping 11.3%

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The Motley Fool

FEBRUARY 8, 2024

In 2023, Hartford Funds released an extensive report ("The Power of Dividends: Past, Present, and Future") that examined the ins and outs of how dividend stocks have outperformed over long stretches. The company raised its monthly payout twice last year. I'm talking about predominantly private, small-cap, and microcap businesses.

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The Motley Fool

FEBRUARY 22, 2024

PennantPark pays its dividend on a monthly basis and raised its payout twice in 2023. BDCs are companies that invest in the debt or equity (common and preferred stock) of middle-market businesses (i.e, generally small and unproven companies). billion in debt securities held means it's primarily a debt-focused BDC.

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The Motley Fool

JULY 16, 2024

PennantPark Floating Rate Capital: 10.31% yield A second super safe ultra-high-yield monthly payer that can help you bring home $1,000 in monthly income from a starting investment of $121,000 that's been split three ways is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). is well above average.

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The Motley Fool

JANUARY 5, 2024

One of the best ways to create wealth is by investing in companies that pay a dividend. While many different types of companies pay dividends, business development companies (BDCs) represent a unique opportunity. The company specializes in an instrument called venture debt -- or loans made at high interest rates.

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The Motley Fool

AUGUST 28, 2024

In particular, one table compared the average annual return of income stocks to non-payers over the last 50 years (1973-2023), while also taking into account the average volatility of each group. billion of which was tied to debt securities. In short, it's a debt-focused BDC. billion debt portfolio sports variable rates.

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The Motley Fool

AUGUST 3, 2024

It's a well-documented fact that companies committed to distributing their profits usually outperform companies that don't have a dividend program. During a 50-year period that ended in 2023, non-dividend-paying stocks in the benchmark S&P 500 index delivered a 4.27% average annual return. in the second quarter.

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The Motley Fool

JUNE 15, 2023

In late 2022 and early 2023, the stock price fell hard, and its dividend yield spiked above 15% in response to news that some of its largest tenants were having trouble making ends meet. Now that some of that risk has been alleviated , the company has a pretty good chance to continue meeting its dividend obligation.

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The Motley Fool

NOVEMBER 23, 2023

PennantPark Floating Rate Capital: 11.26% yield Whereas the other two ultra-high-yield stocks on this list pay their dividends on a quarterly basis, business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT) parses out its payouts on a monthly basis. million in debt securities. 30, 2021 to 12.6%

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The Motley Fool

JANUARY 6, 2024

There was $129 billion in net debt on AT&T's balance sheet at the end of September, which isn't as frightening as it might seem. The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 million in net unsecured debt.

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The Motley Fool

MARCH 5, 2024

The stock offers an enormous yield now because investors are nervous about the company's new e-cigarette product, NJOY, and its ability to compete against a slew of illicit products that still contain the fruity flavors that the Food and Drug Administration (FDA) banned in 2020. The illicit market for flavored e-vapor products in the U.S.

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The Motley Fool

FEBRUARY 16, 2024

Enterprise ended 2023 with $6.8 These projects provide visibility to new sources of cash flow for the partnership for this year and beyond," co-CEO Jim Teague said in the company's fourth-quarter earnings release. Ares is a leading business development company ( BDC ) based in the U.S. Ares spread its $22.9

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The Motley Fool

MAY 4, 2024

Ares Capital Ares Capital (NASDAQ: ARCC) is America's largest business development company ( BDC ). As a result, Ares Capital can charge well-managed businesses interest rates for secured loans that are often higher than the rates individuals receive for unsecured loans. on its debt-related securities.

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The Motley Fool

DECEMBER 3, 2023

It's a business development company (BDC) that's required to distribute at least 90% of its income to shareholders in the form of dividends to be exempt from federal taxes. Energy Transfer generated excess cash flow of around $1 billion after its distributions in the third quarter of 2023.

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The Motley Fool

DECEMBER 27, 2023

As a result, heaps of capital-starved companies with between $10 million and $1 billion in annual revenue are eager to accept relatively high-interest loans from business development companies (BDCs) like Ares Capital (NASDAQ: ARCC). The average yield it received on debt investments during its fiscal Q4 that ended Sep.

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The Motley Fool

JULY 18, 2024

The value of AGNC's holdings not surprisingly tumbled as reflected in the nearly -50% decline in tangible book value AGNC saw from the start of 2022 until the end of 2023. at the end of September 2023 to $8.84 However, AGNC's tangible book value has increased each of the past two quarters going from $8.08 at the end of March 2024.

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JULY 20, 2023

yield) A second ultra-high-yield monthly dividend stock that Wall Street billionaires have been selling is business development company (BDC) Horizon Technology Finance (NASDAQ: HRZN). During the first quarter, four billionaire money managers completely exited their fund's stakes in the company. from 12.4%

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The Motley Fool

DECEMBER 15, 2023

Business development companies (BDCs) can be a great source of dividend income, in part because they are required to pay out at least 90% of their taxable income each year as dividends. See the 10 stocks *Stock Advisor returns as of December 11, 2023 Bank of America is an advertising partner of The Ascent, a Motley Fool company.

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