03-03-2015, 03:11 PM
Ive been watching and keep an eye on BDCs for a while, and finally decided to pull the trigger last week after MAIN announced a dividend increase. I had been a bit nervous about it as their concentration was only in the southern US states and I did not recognize any of the invested companies' names. But I guess that is the name of the game - they invest and provide capital to small/micro companies. But I took comfort in BDC_Buzz's analysis that it was the most conservative BDC out there.
Co-incidentally, MAIN is now a Dividend Challenger in Dave Fish's latest CCC list (the Feb 2015 edition) with a 5-yr streak. The 1, 3, and 5 years dividend growth rates are: 7.3%, 8.5%, and 5.9% respectively. Chowder rule is 12.7.
Looking forward to the juicy 6.8% yields going forward.
Co-incidentally, MAIN is now a Dividend Challenger in Dave Fish's latest CCC list (the Feb 2015 edition) with a 5-yr streak. The 1, 3, and 5 years dividend growth rates are: 7.3%, 8.5%, and 5.9% respectively. Chowder rule is 12.7.
Looking forward to the juicy 6.8% yields going forward.