This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Shares of the phone and internet service provider have fallen about 23% in 2023 as investors worry about a high debt load and potential litigation regarding lead-lined cables. Selling off its media assets helped reduce AT&T's debt load, but the company was still sitting on $132 billion in net debt at the end of June.
yield The second magnificent ultra-high-yield dividend stock that can be bought with confidence right now is little-known businessdevelopmentcompany (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). billion -- is tied up in first-lien secured debt. There are a few clear-cut advantages to being a debt-focused BDC.
Ares Capital Corporation: Ultra-high yield and mild growth Ares Capital Corporation (NASDAQ: ARCC) is a businessdevelopmentcompany ( BDC ), which means it can avoid paying income taxes by delivering at least 90% of its earnings to investors as a dividend. Among the 473 companies in its portfolio, the average one earns $179.7
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.
Now that some of that risk has been alleviated , the company has a pretty good chance to continue meeting its dividend obligation. Ares Capital: a 10.34% yield Ares Capital (NASDAQ: ARCC) is a businessdevelopmentcompany, or BDC. of the total investment portfolio at amortized cost.
Ares Capital: A 10.05% yield Ares Capital (NASDAQ: ARCC) is a businessdevelopmentcompany, 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.
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.
Discovery , AT&T earned more than $40 billion in concessions -- most of which involved the new media entity taking on select debt lots previously held by AT&T. Since March 31, 2022, AT&T's net debt has declined from $169 billion to $128.9 million in net debt, its net-leverage ratio is a modest 0.31. yield is safe.
Main Street Capital Another stock that pays a monthly dividend is Main Street Capital (NYSE: MAIN) , which is a businessdevelopmentcompany (BDC) that invests in the debt and equity of lower-middle-market companies. It had investments in 191 portfolio companies at the end of Q1.
The company hasn't raised the payout since slashing it a couple of years ago, and at recent prices, the telecom stock offers a 6.1% AT&T racked up a lot of debt building out its 5G infrastructure. At the end of March, the company's net debt level was 2.9 times adjusted EBITDA in the first half of 2025.
One type of business that income-focused investors might have come across is the businessdevelopmentcompany (BDC) , which invests in the debt and equity of middle-market companies. And about 96% of its debt investments are at floating rates. About 96% of its debt portfolio is floating rate.
Ares Capital is a businessdevelopmentcompany ( BDC ) that provides financing for middle-market companies (businesses that generate between $10 million and $250 million in earnings before interest, taxes, depreciation, and amortization ( EBITDA ) every year). Why does Ares Capital pay such a high dividend?
A yield trap is a company that pays a potentially unsustainable dividend. A yield trap can come about for a few reasons, including a burdensome debt load, a declining business, or an elevated dividend payout ratio. Arguably no company has filled this funding gap as much as Ares Capital. The company's $21.5
dividend yield Hercules Capital (NYSE: HTGC) is a businessdevelopmentcompany (BDC) that specializes in providing capital to venture-backed start-ups. The company also specializes in venture debt for start-ups in the technology, life sciences, and sustainable energy industries. Hercules Capital: 10.6%
PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a businessdevelopmentcompany (BDC). For decades, America's largest banks have stepped back from lending directly to mid-sized businesses. weighted-average yield on its debt investments. yield at recent prices. In Q2, the BDC reported a 12.1%
Gladstone Investment Gladstone Investment is a businessdevelopmentcompany ( BDC ) that mainly offers loans to smaller, midsize, and mature companies. companies that are valued at less than $250 million. Gladstone typically invests up to $75 million in debt and equity per deal.
That's because Ares is a businessdevelopmentcompany (BDC) that mainly focuses on paying high dividends to income-oriented investors. Let's review its business model, growth rates, and valuations to decide. It usually invests between $30 million and $500 million in debt and equity in each company.
Ares Capital is a businessdevelopmentcompany (BDC) that provides capital to middle-market companies with $10 million to $250 million in annual earnings before interest, taxes, depreciation, and amortization ( EBITDA ). It aims to invest $30 million to $500 million in debt and equity in those companies.
See the 10 stocks Dividend yields among most S&P 500 stocks aren't appealing, but there are a few businessdevelopmentcompanies (BDCs) that deserve more attention from income-seeking investors than they've been getting. In the first nine months of 2024, Hercules grew its debt portfolio by about 12%.
PennantPark Floating Rate Capital Direct lending between traditional banks and midsized American businesses hardly exists anymore. Instead, businessdevelopmentcompanies ( BDCs ) such as PennantPark Floating Rate Capital are raking in profits by originating relatively high-interest loans to capital-starved middle-market companies.
Ares Capital (NASDAQ: ARCC) , a businessdevelopmentcompany (BDC) that pays out most of its profits as dividends, went public in October 2004 at $15 a share. Ares usually invests anywhere from $30 million to $500 million in debt and equity in each company. Ares Capital's debt-to-equity ratio rose from 0.38
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content