Economy · News reference
Every large investment firm publishes an outlook. Most are beautifully designed collections of economic forecasts, carefully hedged predictions and charts explaining why the firm’s existing positions are almost
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Business development companies (BDCs) are resuming debt issuance after a period of market freeze, with Barings BDC issuing $350 million in bonds at 6.5% interest. While this signals easing credit concerns in the sector, the shift to fixed-rate debt presents both opportunities and risks depending on future interest rate movements.
Read original at the-motley-foolA comparison of three high-yield dividend stocks over the past decade reveals that dividend growth matters more than initial yield. AGNC Investment's dividend income fell 33% due to interest rate changes, while Ares Capital grew dividends 26% and ONEOK increased them 74%. ONEOK delivered the highest total return despite having the lowest initial yield, demonstrating that earnings growth and dividend growth are more important long-term factors than high starting yields.
Read original at the-motley-foolAres Capital, the world's largest BDC, has maintained or raised its dividend for 16 consecutive years despite a 9.8% forward yield. As a BDC required to pay out 90% of taxable income as dividends, Ares finances middle-market companies through its $29.3 billion portfolio. While current EPS projections show a slight shortfall in covering dividends this year, analysts expect EPS to rise in 2027 as interest rates stabilize, supporting the dividend streak.
Read original at the-motley-foolJefferies Credit Partners is looking to raise $1.16 billion for a new fund focused on private credit investments in the secondary market.
Read original at benzinga