Showing posts with label BKCC. Show all posts
Showing posts with label BKCC. Show all posts

Tuesday, April 28, 2015

5 Private Equity Stocks Yielding Over 10%

If you are interested in investing in private companies, startups, and other early investments, and you are not an accredited investor, you have some options. Usual to invest in private deals, you have to be what is called "accredited", which means you have a net worth or $1 million or annual income of $200 thousand. If you are not accredited, you can invest in these companies through a private equity company.

Private equity firms are publicly traded stocks and many of them pay very high dividends. There are over 50 private equity stocks to choose from according to the list at WallStreetNewsNetwork.com, and over ten of which have yields in excess of 10%.

Prospect Capital (PSEC) is a private equity and business development company that specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, and other private companies. The stock trades at nine times earnings and yields a healthy 12%. It is one of the few private equity stocks that pays out dividends monthly versus quarterly.


KCAP Financial (KCAP) specializes in mid market, buyouts, and mezzanine investments of private companies. The stock has a price to earnings ratio of 14 and a very high yield of over 15%.


BlackRock Kelso Capital (BKCC) specializes in middle market company investments. The E is a favorable 5.4 and the yield is 10.3%.


PennantPark Investment (PNNT) specializes in direct and mezzanine investments in mid market companies. The stock trades at 14 times earnings and yields 11.9%.


THL Credit (TCRD) invests in debt and equity of middle market companies. The stock has a PE of 11, and pays a dividend rate of 11.6%.

Now is your opportunity to jump on the bandwagon with the wealthy investors, by getting into the private equity market. Check out the list of private equity stocks at WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com






Saturday, October 26, 2013

Top High Yield Business Development Companies

Investing in Business Development Companies is a way for the smaller investor to get in on the ground floor of private equity deals and venture capital opportunities. This type of company, also known as a BDC, is similar to a publicly traded private equity fund. These companies invest or lend money in smaller private businesses, with a goal of increasing sales and profits in order to sell the company or go public with an IPO.

Many private equity companies are registered as BDCs for tax advantages, since corporate income taxes can be avoided if at least 90% of profits are paid out as taxable dividends to investors. Normally, these deals are only available to major institutions and multimillionaires. Private equity companies, venture capital funds, and business development corporations are often used interchangeably.

Fortunately for the average investor, there are over a couple dozen ways to invest in these opportunities, according to the WallStreetNewsNetwork.com recently updated list of publicly traded Business Development Corporations and Private Equity Companies, most of which pay high yields in excess of 6%.

One of the highest yielding BDCs is TICC Capital (TICC), which has been paying dividends quarterly since 2004, and pays an extremely high yield of 11.6%. The stock has a price to earnings ratio of 7.6 and a forward PE of 9. Revenues for the latest quarter were up 19.4% year over year, but unfortunately, earnings were down 84.3%. This BDC funds secured and unsecured senior debt, subordinated and junior subordinated debt, and preferred and common stock of both private and public companies, specializing in technology, media, telecom, and medical equipment.

The company has invested in such companies as NetQuote, Inc., the web-based portal for insurance companies and consumers, StayOnline, Inc. a provider of wireless high-speed Internet access solutions for the lodging industry, and Ai Squared, a manufacturer of assistive technology software which makes the screen magnification program ZoomText.

BlackRock Kelso Capital Corporation (BKCC), a private equity firm founded in 2005, specializes in investing in middle market companies with EBITDA or operating cash flow between $10 million and $50 million. The firm has invested in various businesses including American SportWorks, Fitness Together, Grocery Outlet, Heartland Automotive Services, InterMedia Outdoors, Pre-Paid Legal Services, Renaissance Learning, and Sentry Security Systems. The stock trades at 12.4 times trailing earnings and 10.4 times forward earnings. The company pays a very high yield of 10.9%. Dividends are payable quarterly.

If you like monthly dividends, Gladstone Capital (GLAD) offers a very decent yield of 9.4%. Obviously, with these higher yields, you have higher risks. In addition, when interest rates rise, high yield BDCs can suffer significant drops.

If you are looking for potential high dividend investments, a list of over 25 high yield business development companies and private equity companies, which can be downloaded, sorted, and updated, is available from WallStreetNewsNetwork.com. A few of these companies pay dividends monthly and over a dozen have yields greater than 7%.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com

Sunday, February 24, 2013

Private Equity Companies Yield More than 5%

Private equity is usually limited to the very wealthy and large institutions. Fortunately, the average investor can also get in on the action since there are many publicly traded private equity firms. The private equity companies provide working capital to smaller companies that are not publicly traded, in the hopes of improving revenues and earnings with a goal of profiting through bringing the companies public through an Initial Public Offering, also known as an IPO, or just reselling the companies to larger firms. Private equity companies also often provide loans to these companies.

Private equity companies, venture capital funds, and business development corporations are generally considered part of the same investment category, primarily due to the fact that these investment vehicles allow investors to get in on the ground floor of private companies before they go public. Once the companies in the portfolios have an IPO, the returns can be substantial.

A Business Development Corporation, also known as a Business Development Company or BDC, is similar to a publicly traded private equity fund. Many private equity companies are registered as BDCs for tax advantages, generally paying no corporate income tax because at least 90 percent of their income, profits, and capital gains are paid out as taxable dividends to investors.

If you are wondering how you cn invest in these, WallStreetNewsNetwork.com recently updated its list of over 25 publicly traded Business Development Corporations and Private Equity Companies, most of which pay high yields, with yields ranging from 3.4% to in excess of 10%.

One example is TICC Capital (TICC), a BDC that has been paying dividends quarterly since 2004, and yields 11.0%. Last Fall, the company boosted its dividend payout rate by 7.4%. The stock has a price to earnings ratio of 6.2 and a forward PE of 8.6. Revenues for the latest quarter were up 40.6%. The company invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, and common stock of both private and public companies, specializing in technology, media, telecommunications, and medical equipment. The company has invested in NetQuote, Inc., the web-based portal for insurance companies and consumers, StayOnline, Inc. a provider of wireless high-speed Internet access solutions for the lodging industry, and Ai Squared, a manufacturer of assistive technology software which makes the screen magnification program ZoomText.

BlackRock Kelso Capital Corporation (BKCC) which a private equity firm founded in 2005 which specializes in investing in middle market companies with EBITDA or operating cash flow between $10 million and $50 million. The firm has invested in such companies as American SportWorks, Fitness Together, Grocery Outlet, Heartland Automotive Services, InterMedia Outdoors, Pre-Paid Legal Services, Renaissance Learning, and Sentry Security Systems. The stock trades at 12.1 times trailing earnings and 10.2 times forward earnings. It sports a yield of 9.8% and pays its dividends quarterly.

Ares Capital (ARCC) is a private equity company that trades at 11 times forward earnings and yields 9.4%, and THL Credit (TCRD) has a 10.8 forward price to earnings ratio and pays a yield of 8.8%.

A list of over 25 high yield business development companies and private equity firms, which can be downloaded, sorted, and updated, is available from WallStreetNewsNetwork.com. Several of these companies pay dividends monthly and more than a dozen have yields greater than 8%.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com

Monday, December 03, 2012

Stocks Going Ex Dividend the Third Week of December

  Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets. In flat or choppy markets, you have to be extremely careful, and may need to avoid the technique during those times.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend during the next week or two. The list contains many dividend paying companies, all with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the yield, and the market capitalization.

Cincinnati Financial Corporation CINF 12/17/2012 4.1% $6.5B

UIL Holdings Corporation UIL 12/17/2012 5.2% $1.7B

Ramco-Gershenson Properties Trust RPT 12/18/2012 5.3% $616.4M

Blackrock Kelso Capital Corp. BKCC 12/18/2012 10.6% $724.3M

Alpine Global Premier Properties Fund AWP 12/19/2012 8.5% $746.7M

Campbell Soup Company CPB 12/21/2012 3.1% $11.4B

Portland General Electric Company POR 12/21/2012 4.2% $1.9B

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out the high yield utility stocks and the Monthly Dividend Stocks at WallStreetNewsNetwork.com or WSNN.com.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Buying Dividends (Dividend Capture) book 25% Off

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Saturday, September 01, 2012

10% Yields on Business Development Corporations and Private Equity Funds

Private equity companies, venture capital funds, and business development corporations are usually grouped together in the same investment category. This is mainly due to the fact that these investment vehicles allow investors to get in on the ground floor of private companies before they go public. Once the companies in the portfolios have an IPO, the returns can be substantial.

Private equity firms invest in the equity and often the debt of private companies. Usually private equity investments are available for accredited investors only, but fortunately, there are several private equity funds which are publicly traded that anyone can buy.

A Business Development Corporation, also known as a Business Development Company or BDC, is similar to a publicly traded private equity fund. Many private equity companies are registered as BDCs for tax advantages, generally paying no corporate income tax because at least 90 percent of their income, profits, and capital gains are paid out as taxable dividends to investors.

If you are wondering how common these types of investments are, WallStreetNewsNetwork.com recently updated its list of the publicly traded Business Development Corporations and Private Equity Companies, which lists over 25 of them, most of which, income investors will be happy to hear, pay dividends. The yields range from 2.9% to in excess of 12%.

One example is BlackRock Kelso Capital Corporation (BKCC), a private equity firm founded in 2005 specializing in middle market companies, with EBITDA or operating cash flow between $10 million and $50 million. The firm invests in such companies as American SportWorks, Fitness Together, Grocery Outlet, Heartland Automotive Services, InterMedia Outdoors, Pre-Paid Legal Services, Renaissance Learning, and Sentry Security Systems. The stock trades at 11.8 times trailing earnings and 9.6 times forward earnings. It sports a yield of 10.6% and pays its dividends quarterly.

TICC Capital (TICC) is a BDC that has been paying dividends quarterly since 2004, and yields 11.1%. The stock has a price to earnings ratio of 14.3 and a forward PE of 8.7. The company invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, and common stock of both private and public companies, specializing in technology, media, telecommunications, and medical equipment. The company has invested in NetQuote, Inc., the web-based portal for insurance companies and consumers, StayOnline, Inc. a provider of wireless high-speed Internet access solutions for the lodging industry, and Ai Squared, a manufacturer of assistive technology software which makes the screen magnification program ZoomText.

PennantPark Investment (PNNT) is a business development company that yields 10.3%, and has been paying quarterly dividends since June of 2007. The company invests between $10 million and $50 million in each of its portfolio companies, holding mezzanine debt, senior secured loans, and equity investments. The stock trades at 9.2 times forward earnings. PennantPark invests in such companies as the hot tub and spa manufacturer Jacuzzi Brands Corp., Learning Care Group, Inc. which is owner of one of the largest early education and child care providers La Petite Academy, and VPSI, the world's largest vanpool service provider.

To see a list of over 25 high yield business development companies and private equity firms, which can be downloaded, sorted, and updated, you may want to obtain it at WallStreetNewsNetwork.com. Several of these companies pay dividends monthly and more than a dozen have yields above 8%.

Disclosure: Author did not own any of the above at the time the article was written.


By Stockerblog.com