article thumbnail

2 Unstoppable Dividend Stocks Yielding More Than 9% That Income-Seeking Investors Will Want to Buy in October and Hold Forever

The Motley Fool

Ares Capital Ares Capital is the world's largest publicly traded business development company ( BDC ). As a result, heaps of well-run midsize businesses are starving for capital and willing to pay eye-popping interest rates. In the second quarter, the average yield on debt securities in Ares Capital's portfolio was 12.2%

Investors 245
article thumbnail

1 Ultra-High-Yield Dividend Stock You'll Want to Have on Your Radar as Rate Cuts Loom

The Motley Fool

There are many types of businesses that could benefit from reductions in interest rates. In particular, I've been looking closely at business development companies ( BDCs ). What are business development companies? BDCs are pretty interesting.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 Superb Ultra-High-Yield Dividend Stocks With Yields North of 10% That Make for No-Brainer Buys Right Now

The Motley Fool

yield The second magnificent ultra-high-yield dividend stock that can be bought with confidence right now is little-known business development company (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.

Debt 246
article thumbnail

Time to Pounce: 2 Electrifying Ultra-High-Yield Dividend Stocks That Are Begging to Be Bought in September

The Motley Fool

Time to pounce: PennantPark Floating Rate Capital (10.88% yield) A second electrifying ultra-high-yield dividend stock that income-seeking investors should strongly consider pouncing on in September is little-known business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). As of June 30, PennantPark's $1.45

Debt 242
article thumbnail

Meet the Virtually Unknown 11%-Yielding Dividend Stock I Want to Triple My Stake in if the Stock Market Crashes

The Motley Fool

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

Stakes 246
article thumbnail

This Little-Known, Small-Cap Company Might Be the Safest 11%-Yielding Dividend Stock on the Planet

The Motley Fool

Investors, say hello to business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). Meet the safest 11%-yielding monthly dividend stock on the planet BDCs are businesses that invest in the equity (common or preferred stock) and/or debt of "middle-market companies." since Sept.

Companies 246
article thumbnail

Want $1,000 in Annual Dividend Income? Invest $9,550 in These 2 Ultra-High-Yield Stocks

The Motley Fool

Before you plow every penny you can find into these two stocks, it's important to remember that an especially high yield means the market is worried the underlying business can't continue meeting and raising its dividend commitment. The average yield Ares received from its portfolio of debt securities was a healthy 12.2%

Investing 246