1 Big Dividend To Buy And 5 To Sell Now
Brett Owens, Chief Investment StrategistUpdated: February 12, 2016
Business development companies (or BDCs) have been hit hard over the past few quarters. Those with large energy investments have seen their stock prices plunge along with oil.
But this is a love-hate story for investors. Even as these stocks have grown more speculative, these issues have garnered even more attention for their fat dividends. Many BDCs now have yields north of 10%.
Unfortunately, first-level investors tend to flock to the riskiest BDCs, because they have the highest stated yields.
Like many contrarians, I’m an income investor who’s always on the lookout for a good value stock. I love buying stocks of unloved companies at a bargain.… Read more