Investors looking for high income should consider BDCs. Main Street Capital has an attractive yield above 5%
The decline in interest rates over the course of 2019 has put income investors in a difficult position. Investors who are looking for income from their stock portfolios have to widen their search, as the average yield of the S&P 500 Index has declined to below 2%.
Fortunately, there are still many high dividend stocks that provide investors with attractive income. Business development companies, or BDCs, are broadly appealing for their high dividend yields. We created a BDC list with rankings of our top picks for 2020.
Main Street Capital Corp. (MAIN) has a positive outlook; and with a
209 Views Ben Reynolds 2020-01-29 22:35
Main Street Capital a good pick for the year ahead
The following is an excerpt from 10 High-Yield Monthly Dividend Stocks to Buy in 2020, originally published by Kiplinger’s.
The typical American’s life tends to be organized around monthly payments, yet somehow, monthly dividend stocks are the exception, not the norm.
Your mortgage, your car payment, your phone bill … even your Netflix payment is on a regular monthly payment plan. That’s perfectly fine when you’re working and are used to getting one or two paychecks every month. Budgeting is simply a matter of making sure your regular monthly income covers your monthly expenses with a little left over
0 Views Charles Lewis Sizemore, CFA 2019-12-19 20:27
An uptick in valuation that is not supported by quality
This is a timely short. THL Credit Inc. (TCRD) closed on Tuesday at $6.80, about 80% of its second-quarter reported net asset value of $8.49, compared to the high of 81% so far in 2019. This uptick in valuation is opposite of the stock’s quality.
While 80% might seem cheap when compared to quality business development companies like Ares Capital Corp. (ARCC) or Main Street Capital Corp. (MAIN), given its questionable credit history, pending credit issues as well as shaky dividend coverage, THL Credit doesn't even come close. Relative to companies in similar situations, the stock is on the expensive
84 Views Lisha Li 2019-10-16 19:24
Exploring the investment prospects of this business development company
(Published by Nicholas McCullum on May 17)
Business development companies – or BDCs – can be a great source of current yield for income investors.
With that said, BDCs are often ignored by investors because of their small size and confusion about the tax implications of their distributions.
BDCs cause a bit more work come tax time. Their distributions are a mix of return on capital, capital gains, qualified dividends and non-qualified dividends. Even after accounting for this, BDCs can be a great source of income for retirees and other income-oriented investors.
Main Street Capital Corp. (MAIN) is a fine
38 Views Ben Reynolds 2017-05-17 19:08
This article is offered to reveal and articulate the risks, dangers and advantages of reaching for yield.
There is an undeniable fact that differentiates investing when in retirement versus investing while you are still working. When you are employed, you are working for your money. However, once a person truly enters retirement years, the situation reverses itself. When in retirement you begin the stage in your life where your money must work for you. In my opinion, this changes the investing dynamic considerably.
This change in the individual’s investing dynamic primarily relates to suitability. When a person is younger and earning a paycheck, it can make sense to employ more aggressive growth-oriented investing strategies. Both time
1348 Views Chuck Carnevale 2015-10-13 18:10
Part of my job as an advisor is helping my clients sort out their finances. But even though I do this professionally, I sometimes have a hard time sorting out my own finances because my expenses are out of sync with my income. My regular expenses tend to be monthly, whereas my income is mostly paid quarterly.
That’s always been a major source of frustration to me, and it is no doubt a major source of frustration to millions of retirees living off of their investments. Bonds generally pay interest just twice per year, and most companies pay dividends quarterly.
2104 Views Charles Sizemore 2015-06-15 01:47
I’ve written recently about insider buying. As I wrote before, company insiders can sell their company’s stock for any number of reasons. Perhaps they are diversifying or reallocating their portfolios, or perhaps they decided to pony up for a beach house. But there is only one reason why company insiders would[i] buy[/i] their company’s stock, and that is because they consider it underpriced and due for a bounce. With that in mind, I ran a [url=http://www.gurufocus.com/InsiderBuy.php?position=clusterbuy&gurumin=1&insidermin=4&sharemin=10000&affid=45223]stock screen for insider “cluster buys,”[/url] or large purchases by multiple insiders. In order to make the cut, a stock had to have multiple, unique
1422 Views Charles Sizemore 2013-10-07 02:38
According to [url=http://www.gurufocus.com/InsiderBuy.php]GuruFocus Insider Data[/url], the largest CFO sells during the past week were: Main Street Capital Corporation, WageWorks Inc., Dick’s Sporting Goods Inc., Lamar Advertising Co. and RPX Corp. [b]Main Street Capital Corporation (MAIN): CFO, SMD and Treasurer Dwayne L. Hyzak Sold 105,000 Shares[/b] CFO, SMD and Treasurer [url=http://www.gurufocus.com/InsiderBuy.php?insider=Hyzak+Dwayne+L.]Dwayne L. Hyzak[/url] sold 105,000 shares of MAIN stock on 03/21/2013 at the average price of $33.36. Dwayne L. Hyzak owns at least 189,042 shares after this. The price of the stock has decreased by 1.38% since. Main Street Capital Corporation was formed on March 9, 2007. Main Street Capital Corporation
366 Views Jimmy Xiao 2013-03-25 14:48
Before the Internet and even before computers, [url=http://www.dividend-growth-stocks.com/2011/11/roadmap-to-build-wealth-with-dividend.html][b]critical financial information[/b][/url] was printed daily in newspapers. Though many newspapers still print this information, most people find it easier (and faster) to get information on their stocks from financial websites. So back when financial information was a tedious and manual process, what was considered relevant enough to warrant inclusion? Obviously the reader would want basic information like the stock's ticker symbol, volume, closing price and possibly high and low price for the day or last 52 weeks. Dividend yield was another piece of useful information often presented. One of the more interesting
1661 Views Dividends4Life 2013-03-13 14:15
In 1806, William, a soap and candle maker, opened up a starch, soap and [url=http://www.dividend-growth-stocks.com/2012/05/7-higher-yielding-consumer-stocks-to.html][b]candle factory [/b][/url]on Dutch Street in New York City. William in 1833 suffered a severe heart attack stopping his business from selling. But after a couple of years of recovery he continued with his business. In the 1840s, the firm began selling individual cakes of soap in uniform weights. William died in 1857 and the company was reorganized under the management of his son Samuel. At the time, Samuel did not want to continue the business but thought it would be the right thing to do.
1402 Views Dividends4Life 2013-03-11 14:41
Dividend Investors should have an overview of stocks with upcoming ex-dividend dates, the final date on which the new stock buyer couldn’t receive the next dividend. To receive the dividend, buy the stock before the ex-dividend date. The screen below shows the best-yielding stocks with a higher capitalization that have their ex-dividend date on the next trading day. A full list of all stocks with ex-dividend date can be found here: [url=http://ex-dividend-dates.blogspot.de/2012/10/ex-dividend-stocks-on-october-17-2012.html]Ex-Dividend Stocks on October 17, 2012[/url]. In total, 11 stocks and preferred shares go ex-dividend, of which six yield more than 3 percent. The average yield amounts to 4.99%.
718 Views Dividend 2012-10-16 15:46
I hate to [b][url=http://www.dividend-growth-stocks.com/2010/08/when-to-sell-dividend-stock.html]sell a dividend growth stock[/url][/b]. When I buy a stock, my intention is to hold it forever and enjoy its ever-growing [b]dividend income[/b]. Unfortunately, it doesn't always work that way. Sometimes things change and the stock no longer fits my criteria for inclusion in my income portfolio. It could be a company that [url=http://www.dividend-growth-stocks.com/2008/10/should-you-sell-dividend-stock-after.html][b]cuts its dividend[/b][/url] or in some cases [url=http://www.dividend-growth-stocks.com/2009/03/should-you-sell-dividend-stock-after.html][b]freezes its dividend[/b][/url] (fails to raise its dividend at the appointed time). Let's take a look at a two-step process designed to help us determine if we should sell a stock after a dividend freeze. [b]I. Does
942 Views Dividends4Life 2012-07-17 15:32
Here is a current overview of best yielding stocks that have their ex-dividend date on the next trading day. If your broker settles your trade today, you will receive the next dividend. A full list of all stocks with ex-dividend date can be found here: [url=http://ex-dividend-dates.blogspot.com/2012/03/ex-dividend-stocks-on-march-19-2012.html]Ex-Dividend Stocks March 19, 2012[/url]. In total, 10 stocks and preferred shares go ex-dividend of which 5 yielding above 3 percent. The average yield amounts to 4.44 percent. The ex-dividend date is a major date related to the payment of dividends. If you purchase a stock on its ex-dividend date or later, you will not
306 Views Dividend 2012-03-16 14:11
This is the group of companies who raised their dividend during the week: Piedmont Nat Ga, Miller Inds Inc, Main Street Cap, Genl Dynamics, and Staples Inc. [b]Piedmont Nat Ga (PNY)[/b] Piedmont Natural Gas Co, Inc., is an energy and services company engaged in the transportation and sale of natural gas and the sale of propane to residential, commercial and industrial customers in North Carolina, South Carolina and Tennessee. Piedmont Nat Ga has a market cap of $2.29 billion; its shares were traded at around $32.32 with a P/E ratio of 20.2 and P/S ratio of 1.6. On March 8th
640 Views GuruFocus 2012-03-11 14:20
Most dividend stocks trading in the US pay dividends every quarter. A few pay dividends semi-annually, while a very small minority (mostly ADR’s) pay dividends once a year. From a dividend investment standpoint, I have always focused on strong fundamentals, strong competitive advantages, potential for earnings and dividend growth, and adequate valuation. You could read more about my entry criteria [url=http://www.dividendgrowthinvestor.com/2011/03/my-entry-criteria-for-dividend-stocks.html]in this article[/url]. I never really focused on the timing of the dividend cashflows. As it stands out, it could be beneficial to own stocks that pay dividends monthly. The perfect monthly dividend stock is Realty Income (O) – The
1548 Views Dividend Growth Investor 2012-02-01 14:04
Weekly highlight of top insider buys: SunCoke Energy (SXC), Main Street Capital (MAIN), Stewart Enterprises Inc. (STEI), Ladenburg Thalmann Financial Services Inc. (LTS), and Houston American Energy Group (HUSA). [b]SunCoke Energy (SXC): Senior Vice President and CFO Mark Newman Bought 6,400 Shares[/b] Senior Vice President and CFO of SunCoke Energy, Mark Newman, bought 6,400 shares on 12/29/2011 at an average price of $11.7. SunCoke Energy Inc is a producer of metallurgical coke in the Americas. SunCoke Energy has a market cap of $819.1 million; its shares were traded at around $11.7. On November 2, SunCoke Energy Inc. reported third quarter
417 Views gururk 2012-01-09 16:44
You expect your employer to give you a salary increase periodically. Why wouldn’t you expect the same from your investments? One of the most important aspects of a dividend stock is its ability to [url=http://www.dividend-growth-stocks.com/2011/05/how-to-build-sustainable-high-yield.html][b]consistency raise dividends[/b][/url] over time. This week several companies made their shareholders happy by giving them a raise in cash dividends: [b]Dover Corporation[/b] (DOV) and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables. August 4, the company increased its quarterly dividend 14.5% to $0.315 per share. The dividend is payable on Sept. 15, 2011, to shareholders of record as
864 Views Dividends4Life 2011-08-08 15:47
This is the group of companies who raised their dividend during the week: Dover Corp. (DOV), Carlisle Cos. (CSL), Main Street Capital (MAIN), Fresh Del Monte Produce (FDP) and JMP Group (JMP). [b]Dover Corp. (DOV)[/b] Dover Corporation is a worldwide, diversified manufacturer of industrial products. Dover Corp. has a market cap of $10.29 billion; its shares were traded at around $55.17 with a P/E ratio of 13.7 and P/S ratio of 1.4. On August 4 the company increased its quarterly dividend 14.5% to $0.315 per share. The dividend is payable on Sept. 15, 2011, to shareholders of record as of
592 Views gurujk 2011-08-08 15:38
This is the group of companies who raised their dividend during the week: [b]Entertainment Properties (EPR)[/b] Entertainment Properties Trust is a Real Estate Investment Trust whose principal business strategy is to acquire and develop a diversified portfolio of high-quality properties leased to entertainment-related business operators. Entertainment Properties has a market cap of $2.16 billion; its shares were traded at around $46.47 with a P/E ratio of 13.9 and P/S ratio of 6.9. On March 10th the company increased its quarterly dividend 8% to $0.70/share. The dividend is payable April 15, 2011 to shareholders of record on March 31, 2011. The
2236 Views gurujk 2011-03-16 00:35
We all are looking for the [url=http://dividendsvalue.com/1363/the-perfect-dividend-stock/][b]perfect dividend stock[/b][/url]. In an utopian world, the perfect dividend stock would be one that is both high-yield and provide a high dividend growth rate. Its share price would appreciate ratable with its increasing dividend. All of this would be driven by increasing earnings and cash flow. Though they are not perfect, the stocks below did recently reward their investors with higher cash dividends: [b]Entertainment Properties Trust[/b] (EPR) is a specialty real estate investment trust (REIT) that invests in properties in select categories which require unique industry knowledge. March 10th the company increased its
3064 Views Dividends4Life 2011-03-14 13:02