The Motley Fool

JANUARY 19, 2024

That's extremely high for a company that has raised its dividend payout 58 times over the past 54 years. Altria sold its stake in Juul for a steep loss in 2023 and acquired NJOY, another e-cigarette manufacturer. Ares Capital Ares Capital (NASDAQ: ARCC) is a business development company ( BDC ).

Investing 231

Investing Legal Banks Capital 231

The Motley Fool

JULY 17, 2023

But that nonetheless means that the Oracle of Omaha has a stake in them. Ares Capital Ares Capital (NASDAQ: ARCC) is the largest publicly traded business development company (BDC). Ares Capital Ares Capital (NASDAQ: ARCC) is the largest publicly traded business development company (BDC).

Stakes 189

Stakes Capital Banks Asset Management 189

The Motley Fool

JULY 14, 2023

The uncertainty of the pandemic coerced global energy majors to reduce their capital expenditures (capex). yield about as rock-solid as they come for ultra-high-yield companies. PennantPark has the highest yield among the three companies listed here (11.4%) and doles out its payout on a monthly basis. Further, all but $0.1

Debt 246

Debt Investing Capital Asset Management 246

The Motley Fool

FEBRUARY 8, 2024

In simple terms, mortgage REITs look to borrow money at the lowest possible short-term rate and use this capital to purchase higher-yielding long-term assets. Agency" securities are backed by the federal government in the event of default and provide an added layer of protection for the company's investments. million per investment.

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Debt Investing Assets Capital 246

The Motley Fool

NOVEMBER 30, 2023

Annaly Capital Management: 14.81% yield One surefire way to receive more than triple the yield of long-term Treasury bonds is to purchase shares of mortgage real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY). One of the biggest tailwinds for Annaly Capital Management is the Fed's quantitative tightening measures.

Debt 240

Debt Initial Public Offering Leveraging Capital 240

The Motley Fool

DECEMBER 5, 2023

PennantPark Floating Rate Capital: 10.95% yield A second incomparable ultra-high-yield dividend stock that's begging to be added to income seekers' portfolios in December is little-known business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). But there's far more to this story.

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Private Equity Wire

NOVEMBER 13, 2023

Kayne Anderson Private Credit, a middle-market direct lending platform with $5bn in assets, has sold a passive minority stake in itself to Bonaccord Capital Partners, a subsidiary of asset manager P10 Inc, according to a report by Bloomberg.

Stakes 75

Stakes Private Equity Firms Private Equity Firms Asset Management 75

The Motley Fool

JANUARY 2, 2024

PennantPark Floating Rate Capital: 10.17% yield A second ultra-high-yield dividend stock that stands head-and-shoulders above its peers as a screaming buy in 2024 is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). million spread across 131 companies. yield a safe floor.

Debt 242

Debt Liabilities Capital Business Development Companies 242

The Motley Fool

APRIL 5, 2024

They're more likely to own real estate and stakes in privately owned companies. Although you would struggle to own a direct stake in most privately held corporations, you can easily own a piece of a private equity firm specifically built from the ground up to hold such companies. The problem?

Stakes 130

Stakes Private Equity Firms Private Equity Firms Hedge Funds 130

The Motley Fool

JUNE 8, 2024

Hercules Capital (NYSE: HTGC) and Altria Group (NYSE: MO) have been meeting their dividend commitments and steadily raising their quarterly payouts. Hercules Capital Hercules Capital is a business development company ( BDC ), which means it has to return at least 90% of the profits it generates to shareholders as a dividend.

Mergers and Acquisitions 130

Mergers and Acquisitions Initial Public Offering Venture Capital Capital 130

The Motley Fool

JUNE 18, 2023

Ares Capital You won't find Ares Capital (NASDAQ: ARCC) listed in any of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) Ares Capital offers a dividend yield of over 10.3%. That yield is so high in large part because Ares is a business development company (BDC). Should you own them too?

Stakes 130

Stakes Capital Asset Management Business Development Companies 130

The Motley Fool

MARCH 23, 2024

billion as of the end of last year) comes from its privately held businesses. Just as the name suggests, private equity firms supply promising up-and-coming companies with capital, usually in the form of a loan, but sometimes in exchange for an equity stake in a company. It's not complicated.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Conglomerates Prospects 130

The Motley Fool

JULY 20, 2023

If you want a clear reason why prominent billionaires like Griffin and Englander would jettison a company dishing out a greater than 14% yield, look no further than the Treasury bond yield curve. During the first quarter, four billionaire money managers completely exited their fund's stakes in the company. billion of its $1.16

Debt 189

Debt Finance Financing Assets 189

The Motley Fool

MAY 5, 2024

Hercules Capital Hercules Capital (NYSE: HTGC) is a business development company ( BDC ) that allows individual investors to take part in the previously elusive world of venture capital investing. Even billionaires with the means to dabble in venture capital are buying shares of Hercules Capital.

Venture Capital 130

Venture Capital Initial Public Offering Startups Capital 130

The Motley Fool

DECEMBER 15, 2023

While many different types of companies pay dividends, one of the more generous types is business development companies (BDCs). Hercules Technology Growth Capital (NYSE: HTGC) is a leading BDC that specializes in a vehicle called venture debt for life sciences, energy, and technology businesses.

Returns 130

Returns Initial Public Offering Private Equity Firms Private Equity Firms 130

The Motley Fool

OCTOBER 19, 2024

Shares of AT&T (NYSE: T) , PennantPark Floating Rate Capital (NYSE: PFLT) , and W.P. AT&T In September, AT&T agreed to sell its remaining stake in DirecTV to a private equity firm for cash payments that could total $7.6 Carey (NYSE: WPC) offer yields above 5% at the moment. With an average yield of 7.1% For decades, U.S.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Investing Business Development Companies 130

The Motley Fool

APRIL 28, 2024

Oh, and the smartest way of balancing each of their unique risks and rewards may be owning a stake in all three. Any net capital gains booked by a fund's manager are just passed along to investors. In fact, it's never paid a capital gains distribution. That's not something most investors consider when buying a fund or ETF.

Exchange-Traded Funds 100

Exchange-Traded Funds Taxes Business Development Companies Stakes 100

The Motley Fool

AUGUST 12, 2024

Pfizer (NYSE: PFE) , Hercules Capital (NYSE: HTGC) , and Verizon Communications (NYSE: VZ) offer an average yield of about 7.6% Hercules Capital Hercules Capital is a business development company that makes heaps of minor investments in a variety of technology and life sciences businesses.

Business Development Companies 100

Business Development Companies Legal Capital Stakes 100

The Motley Fool

FEBRUARY 17, 2024

The capital markets business comes to mind. While the company does provide basic investment and wealth-management services, it's not really a player when it comes to underwriting stocks or managing a commission-generating trading business. That's big. It may prevent U.S. Bancorp from venturing into lucrative markets.

Banks 130

Banks Capital Liabilities Assets 130

The Motley Fool

DECEMBER 7, 2023

Most major banks handle customer deposits, make loans, are capital-market middlemen, and help serve investors. That's because the underlying technology companies have introduced the world's most meaningful advancements since then. Ares Capital Ares Capital (NASDAQ: ARCC) is a business development company , or BDC.

Banks 130

Banks Exchange-Traded Funds Capital Business Development Companies 130

Pension Pulse

SEPTEMBER 28, 2023

If the deal overcomes regulatory hurdles, it will see the consortium snap up the remaining 85.16% stake it does not already own. Led by PSP, the consortium also comprises entities controlled by the world's largest berry company Driscoll's Inc and the British Columbia Investment Management Corporation (BCI). The approved $3.20

Shareholders 52

Shareholders Finance Financing Banks 52

Pension Pulse

JULY 11, 2024

For decades the private equity model seemed unassailable, transforming the industry’s image from Barbarians at the Gate to crucial pillar of capitalism. Funds raised money, bought businesses, loaded them with debt, exited at a profit and convinced happy investors to do it all over again — at ever greater scale.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

The Motley Fool

JANUARY 23, 2024

Entering 2024, I held stakes in 45 stocks -- 19 of which are currently paying a dividend. Annaly Capital Management: 13.47% yield The first supercharged dividend stock I'm gladly accepting outsized quarterly payments from is mortgage real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY).

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Debt Public Companies Capital Assets 245

The Motley Fool

JANUARY 3, 2025

PennantPark Floating Rate Capital: 11.25% yield A second ultra-high-yield dividend stock that's a screaming bargain in 2025 is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). Further, its $1.984 billion portfolio, inclusive of equity stakes, is spread across 158 companies.

Debt 246

Debt Exchange-Traded Funds Capital Portfolios 246

The Motley Fool

DECEMBER 21, 2024

Pfizer's yield has approached 7%, which is an all-time high for the company. For instance, I'd love to add to my stake in business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT) , which doles out a monthly dividend and is yielding north of 11%! PFLT Dividend Yield data by YCharts.

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Stock Market Stock Market Portfolios Business Development Companies 246