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 16 BDC stocks.


16 BDC Stocks

Stock Return & Price Chart

Symbol

Dividend (Yield)&
Returns

Recent Dividends

Apollo Investment CorporationAINV$1.80 (11.32%)
Ares Capital CorporationARCC$1.68 (9.08%)
BlackRock Capital InvestmentBKCC$0.56 (11.89%)
Fidus InvestmentFDUS$1.56 (10.39%)
Gladstone CapitalGLAD$0.28 (2.82%)
Golub Capital BDCGBDC$1.28 (7.20%)
Hercules Technology Growth CapitalHTGC$1.36 (9.56%)
Main Street CapitalMAIN$0.82 (1.89%)
Medley CapitalMCC$N/A (N/A)
Monroe CapitalMRCC$1.40 (12.39%)
New Mountain FinanceNMFC$1.36 (9.96%)
Newtek Business ServiceNEWT$2.32 (10.49%)
PennantPark InvestmentPNNT$0.72 (11.90%)
Prospect Capital CorporationPSEC$0.24 (3.73%)
TPG Specialty LendingTSLX$1.56 (7.29%)
TriplePoint Venture Growth BDCTPVG$1.44 (8.59%)
Dividend data from Quandl as of Nov-02-2019.


16 BDC Stocks

Stock Returns & Price Chart

Symbol

Recent Prices &
Annualized Return

Apollo Investment CorporationAINV
Ares Capital CorporationARCC
BlackRock Capital InvestmentBKCC
Fidus InvestmentFDUS
Gladstone CapitalGLAD
Golub Capital BDCGBDC
Hercules Technology Growth CapitalHTGC
Main Street CapitalMAIN
Medley CapitalMCC
Monroe CapitalMRCC
New Mountain FinanceNMFC
Newtek Business ServiceNEWT
PennantPark InvestmentPNNT
Prospect Capital CorporationPSEC
TPG Specialty LendingTSLX
TriplePoint Venture Growth BDCTPVG
Price data from Quandl as of most recent close.


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

The 9 stocks included in the portfolio computations are: AINV, ARCC, BKCC, GLAD, HTGC, MAIN, NEWT, PNNT and PSEC. The current value of the portfolio assumes that $1,111.11 was invested (total of $10,000) 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. The 7 stocks excluded from the portfolio computations because of insufficient price data are: FDUS, GBDC, MCC, MRCC, NMFC, TSLX and TPVG.

The current value of a $10,000 investment is $40,039. The percent return is 300.39%. The annualized return is 14.88%.




Return Summary for BDC Stocks
Start DateNov-30-2009
Start Investment$10,000.00
End DateNov-20-2019
Current Value of Investment$40,039.01
Total Return300.39%
Annualized Return14.88%
Min DateNov-30-2009
Min Price$10,000.00
Max DateNov-20-2019
Max Price$40,039.01
# Values121
Number Returns7,260
Number Profitable Returns6,807
Percent Profitable Returns93.76%
Number Unprofitable Returns453
Percent Unprofitable Returns6.24%
Profitable to Unprofitable Returns Ratio15.03



NOTE: The stocks included in the tables and chart are representative of the industry. They are not recommendations.


Related Portfolio

Portfolio of High-Yield Blue-Chip Stocks