The Motley Fool

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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The Motley Fool

SEPTEMBER 4, 2024

Although other asset classes have delivered positive nominal returns, including bonds, housing, and various commodities, such as gold, none have come close to matching the annualized total return of stocks, including dividends, over the last century. billion debt-securities portfolio had a weighted-average yield of 12.1%.

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The Motley Fool

JUNE 20, 2024

Although the stock market has its ups and downs, equities have handily outperformed other asset classes over the last century, including Treasury bonds, housing, oil, and gold. Investors, say hello to business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). But not all stocks are created equal.

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The Motley Fool

AUGUST 13, 2024

This under-the-radar 11%-yielding stock makes for a phenomenal buy during periods of panic Should the stock market tumble, the virtually unknown ultra-high-yielding stock I'm looking to triple my position in is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). For example, the company's $1.66

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The Motley Fool

JANUARY 4, 2024

Spirit Realty's CRE portfolio will complement Realty Income's existing assets, while allowing the combined company to further diversify beyond retail. BDCs are businesses that invest in small- and micro-cap companies (collectively known as "middle-market companies"). million in debt from middle-market businesses.

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The Motley Fool

DECEMBER 5, 2023

AT&T closed out the September quarter with $138 billion in total debt. Discovery , this new media entity assumed certain lots of debt that AT&T had previously held. 30, 2023, AT&T's net debt fell from $169 billion to $128.7 million in debt securities it holds makes it a primarily debt-focused BDC.

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The Motley Fool

AUGUST 11, 2023

Morgan Asset Management, released a report that compared the returns of publicly traded companies initiating a dividend and growing their payout over a period of 40 years (1972 to 2012) to publicly traded companies that didn't offer a dividend over the same time line. billion in debt securities. As of June 30, $56.9

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The Motley Fool

AUGUST 3, 2024

Ares Capital Corporation Ares Capital is a business development company, or BDC. Income-seeking investors like these types of businesses because they can legally avoid federal income taxes by distributing nearly everything they earn to shareholders as a dividend. in the second quarter. more than it had a year earlier.

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The Motley Fool

OCTOBER 21, 2024

Ares Capital Ares Capital is the world's largest publicly traded business development company, or BDC. The midsize businesses Ares lends to are willing to borrow at higher rates than you might expect. The average yield it received from the debt securities in its portfolio was 12.2% in the second quarter.

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The Motley Fool

AUGUST 23, 2023

AT&T slashed its dividend after spinning off the last of its media assets in 2022, and the stock has been under pressure ever since. Investors are more than a little concerned with a debt load of about $143 billion. of trailing free cash flow, which means there are heaps left over to further reduce the company's debt load.

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The Motley Fool

DECEMBER 4, 2023

AT&T Income-seeking investors should be flocking to AT&T (NYSE: T) now that it's sold off all of its risky media assets. AT&T finished September with $129 billion in net debt. 30 and it's using these profits to reduce debt. The average yield it receives on debt has risen sharply from 8.7%

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The Motley Fool

AUGUST 25, 2023

Net-interest margin" refers to the average yield AGNC nets from its owned assets less the average yield on what it's borrowed. However, there is light at the end of the tunnel for AGNC, and this good news should provide a lift to the company's shares sooner than later. million in secured debt held at the end of June. All but $0.1

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The Motley Fool

FEBRUARY 4, 2024

Ares Capital Ares Capital (NASDAQ: ARCC) is America's largest publicly traded business development company ( BDC ). Middle-market businesses generally have over $10 million in annual revenue, but they still can't get America's big banks to give them loans. as of Sept. dividend yield at recent prices.

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The Motley Fool

SEPTEMBER 7, 2023

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.

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The Motley Fool

MARCH 28, 2024

What should really excite investors are Realty Income's efforts to diversify its CRE portfolio beyond traditional retail assets. A BDC is a business that invests its capital into the equity (common and/or preferred stock) or debt of middle-market companies -- i.e., generally unproven micro- and small-cap businesses.

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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

APRIL 16, 2024

Hercules Capital Hercules Capital is a business development company ( BDC ) that lets everyday investors get in on the ground floor with innovative tech and life science businesses. Its investments include a mixed bag of successful companies, including Axsome Therapeutics , Palantir Technologies , and Transmedics Group.

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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. And about 96% of its debt investments are at floating rates. About 96% of its debt portfolio is floating rate.

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The Motley Fool

JANUARY 6, 2024

AT&T AT&T (NYSE: T) slashed its payout in 2022 following the sale of its media assets, but the company still offers a yield that's miles above average. 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. million in net unsecured debt.

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The Motley Fool

JULY 20, 2023

In other words, they're businesses that have demonstrated their staying power to investors through thick and thin. Morgan Asset Management, a division of money-center bank JPMorgan Chase , publicly traded companies that initiated and grew their payouts between 1972 and 2012 produced an annualized return of 9.5%. from 12.4%

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The Motley Fool

NOVEMBER 3, 2024

Ares Capital Ares Capital is the world's largest publicly traded business development company ( BDC ). These specialized entities fill the gap left by big banks that no longer lend directly to most businesses. The average yield on PennantPark's debt investments was a very healthy 12.1% at the end of June.

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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. AT&T cut its dividend in 2022, but it also spun off its unpredictable media assets.

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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. The investment firm New England Asset Management (NEAM) is a subsidiary of Berkshire Hathaway. Data source: YCharts.

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The Motley Fool

NOVEMBER 30, 2023

Another reason income investors can trust Annaly is its focus on agency assets. While this added protection does lower the yield Annaly receives on the MBSs it purchases, it also enables the company to prudently leverage its investments. million in debt securities. million debt-security portfolio is in first-lien secured debt.

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Debt Initial Public Offering Leveraging Capital 240

The Motley Fool

JUNE 23, 2024

AT&T AT&T cut its dividend in 2022 to compensate for the spin-off of its unpredictable media assets. 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.

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The Motley Fool

JULY 14, 2023

Companies that offer a regular payout to their shareholders are usually profitable on a recurring basis and time-tested. PennantPark has the highest yield among the three companies listed here (11.4%) and doles out its payout on a monthly basis. million in common and preferred stock, it's predominantly a debt-focused BDC, with $1.01

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The Motley Fool

AUGUST 13, 2023

Now that it's shed all its risky media assets, income-seeking investors can look forward to steady payouts that could grow significantly in the years ahead. AT&T isn't installing many landlines these days, but heaps of new high-speed internet connections for businesses and mobile devices could drive steady growth of its bottom line.

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The Motley Fool

JUNE 27, 2023

yield If you haven't paid attention to AT&T (NYSE: T) for a while, you might not realize it spun off its cable TV assets in 2021, and last year, its WarnerMedia assets became part of Warner Bros. Now that AT&T is purely a telecom business again, investors can reasonably expect steadily growing dividend payments.

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The Motley Fool

JULY 10, 2024

This is a business development company (BDC), which essentially means it makes relatively high-interest loans to businesses that are large, but not large enough to get loans from traditional banks. At the end of March, 87% of its loan portfolio was first-lien senior secured debt. in the first quarter.

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The Motley Fool

OCTOBER 31, 2024

Baby bonds are issued by the same types of companies that issue traditional bonds, including utility companies, investment banks, telecom companies and other types of corporate issuers. Default Risk -- Most baby bonds are classified as unsecured debt of the issuer.

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The Motley Fool

MARCH 17, 2024

But with so many opportunities out there, it's challenging to identify companies that both pay dividends and consistently perform at a high level. One good place to source ideas is to look at business development companies (BDCs). He owns a position in Ares in his secret portfolio -- through New England Asset Management.

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The Motley Fool

JULY 18, 2024

Main Street Capital Another stock that pays a monthly dividend is Main Street Capital (NYSE: MAIN) , which is a business development company (BDC) that invests in the debt and equity of lower-middle-market companies. It's also grown its net-asset value (NAV) by 130% since 2007. in June.

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The Motley Fool

FEBRUARY 24, 2024

Ares Capital Ares Capital (NASDAQ: ARCC) is a business development company ( BDC ), which means it lends to companies that are too big for small business loans but still too small to work with large banks. The average return on Ares Capital's debt investments rose to 12.5% last year from 11.6%

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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. The company is working to reduce its debt-to-EBITDA ratio to the low end of its target range of 4x to 4.5x.

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The Motley Fool

MARCH 5, 2024

Ares Capital Ares Capital is America's largest business development company (BDC), which essentially means it's a lender for mid-market businesses throughout America. Since they're generally starved for capital, mid-market businesses accept interest rates that are probably a little higher than they need to be.

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The Motley Fool

AUGUST 10, 2024

Gladstone Investment Gladstone Investment is a business development company ( BDC ) that mainly offers loans to smaller, midsize, and mature companies. They also need to invest 70% of their assets in U.S. companies that are valued at less than $250 million. Gladstone pays a monthly dividend of $0.08

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Private Equity Insights

MARCH 17, 2023

It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. Ares Management Corp. Yet even there, private credit plays an outsize role.

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