Business Development Companies (BDCs) Stocks Offer High Yields

Business development companies (BDCs) pay high dividends and may be appropriate for income portfolios. However, these stocks could react negatively to increasing interest rates.


The following table includes 7 BDC stocks.


7 BDC Stocks

Name
& Monthly Returns

Symbol
& Snapshot

Dividend (Yield)
& Dividend Chart

Ares Capital Corporation ARCC$2.04 (10.91%)
FS KKR Capital Corp FSK$2.72 (14.99%)
Golub Capital BDC GBDC$1.32 (10.06%)
Hercules Technology Growth Capital HTGC$2.04 (14.56%)
New Mountain Finance NMFC$1.28 (10.51%)
Owl Rock Capital Corporation ORCC$1.32 (11.39%)
PennantPark Investment PNNT$0.66 (11.38%)
Dividend data from Alpha Vantage as of Jan-04-2023.
Display Price Chart for each stock.
Display Dividend Chart for each stock.

Portfolio Values

To inspect the performance of the BDC Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Alpha Vantage.

The 6 stocks included in the portfolio computations are: ARCC, FSK, GBDC, HTGC, NMFC and PNNT. The current value of the portfolio assumes that $1,666.67 was invested in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends. ORCC was excluded from the portfolio computations because of insufficient price data.

The current value of the $10,000 investment is $15,811. The percent return is 58.11%. The annualized return is 9.60%.



Portfolio Value Chart for Last 100 Daily Closes



Related Portfolios

Portfolio of Dividend Income Stocks: Business Development Companies (BDCs) Stocks Offer High Yields

Portfolio of High-Yield Blue-Chip Stocks