The Motley Fool

JANUARY 6, 2024

The company expects to achieve a manageable net debt-to-adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) ratio of 2.5 The company expects the number of consumers and businesses in fiber-enabled locations to grow 25% above present levels to pass 30 million by the end of 2025.

Investing 240

Investing Debt Amortization Depreciation 240

The Motley Fool

FEBRUARY 1, 2024

This should help the company's oil and gas royalty segment bring in higher earnings before interest, taxes, depreciation, and amortization ( EBITDA ). As long as these middle-market companies make their interest payments on time, it results in an outsized return of investment for companies like PennantPark Floating Rate Capital.

Debt 246

Debt Investing Liabilities Private Companies 246

The Motley Fool

MARCH 6, 2024

Portfolio growth can come from many different sources. dividend yield Hercules Capital (NYSE: HTGC) is a business development company (BDC) that specializes in providing capital to venture-backed start-ups. The company specializes in more complex transactions such as leveraged buyouts , for example.

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

The Motley Fool

APRIL 20, 2024

One type of business that income-focused investors might have come across is the business development company (BDC) , which invests in the debt and equity of middle-market companies. At the end of 2023, it had warrants in 103 companies and equity investments in 74. million, representing 1% of its portfolio.

Capital 130

Capital Initial Public Offering Debt Collateral 130

The Motley Fool

AUGUST 10, 2024

A stock market sell-off isn't great for the performance of stocks already in your portfolio, but it's creating opportunities to buy shares of terrific dividend-paying businesses at a relative discount. PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company (BDC).

Investing 130

Investing Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 23, 2024

At the end of March, the company's net debt level was 2.9 times the adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) it generated over the past 12 months. The average yield on debt investments in PennantPark's debt portfolio reached 12.3% First-quarter free cash flow jumped to $3.1

Debt 130

Debt Investing Amortization Depreciation 130

The Motley Fool

AUGUST 10, 2024

Its portfolio currently includes 115 assisted living facilities, 78 skilled nursing facilities, and five other types of facilities. Gladstone Investment Gladstone Investment is a business development company ( BDC ) that mainly offers loans to smaller, midsize, and mature companies. population ages.

Initial Public Offering 130

Initial Public Offering Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 23, 2023

A yield trap can come about for a few reasons, including a burdensome debt load, a declining business, or an elevated dividend payout ratio. Sporting a whopping 10% dividend yield, investors may initially think that the business development company ( BDC ) Ares Capital (NASDAQ: ARCC) is a yield trap. The company's $21.5

Capital 130

Capital Amortization Depreciation Earnings Before Interest 130

The Motley Fool

OCTOBER 24, 2024

Ares Capital is a business development company ( 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). Image source: Getty Images.

Capital 130

Capital Debt Amortization Depreciation 130

The Motley Fool

DECEMBER 31, 2024

See the 10 stocks Dividend yields among most S&P 500 stocks aren't appealing, but there are a few business development companies (BDCs) that deserve more attention from income-seeking investors than they've been getting. The average member has over 30 years of experience, and it shows in the company's financial statements.

Investing 246

Investing Amortization Depreciation Capital 246

The Motley Fool

JANUARY 18, 2025

Here's why they could make great additions to just about any income-seeking investor's portfolio. PennantPark Floating Rate Capital Direct lending between traditional banks and midsized American businesses hardly exists anymore. billion investment portfolio that is more than 12 times larger than PennantPark Floating Rate Capital's.

Investing 244

Investing Amortization Depreciation Capital 244

The Motley Fool

DECEMBER 23, 2024

PennantPark Floating Rate Capital PennantPark Floating Rate Capital is a business development company ( BDC ) that lends to midsize companies, which U.S. 30, the BDC reported core net investment income that exceeded dividend payments and said its portfolio is growing. of the portfolio, were on non-accrual status.

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Portfolios Financial Institutions Amortization Depreciation 130