Episode Details
Back to Episodes031 - Tim's Top 6 BDCs In Early 2024 That Issue Extra Dividends
Description
There are many high yielding BDCs to choose from but they don't all pay juicy supplemental dividends like the ones Tim covers in this episode. When you add in those extra payments these babies pay out way more than their posted yield.
If you're not familiar with BDCs, go back and listen to Episode 11 first.
Tim begins narrowing down the list of contenders by comparing a specific BDC's P/E Ratio to this sector's average P/E Ratio, which is between 15.8-17.3 right now (depending on where you look). Only move forward on ones that are undervalued.
After checking the dividend yield and P/E Ratio, the other main things that Tim looks at when he's analyzing BDCs are:
- Payout Ratio
- Supplemental Dividends
- Dividend Growth Over Time
- Limited to No Dividend Cuts
And from all that research we've settled on the top 6 BDCs discussed in this episode.
- MAIN
- HTGC
- CSWC
- ARCC
- TRIN
- HRZN
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
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