Check out TICC if you want a dividend play ... Trading at discount to book, recent buy back announcement, has to pay divi as a BDC, and recent pullback can give you good entry point and allow you to feel better about selling SAN at a loss.
I have a big chunk of my portfolio in both names ... Debating selling SAN and doubling down on TICC on this news.
Can someone explain implications in layman's terms? I haven't looked at this in awhile since it has lost so much value ... I had 12K shares .... Seeing comments about "1:501 reverse split", and "automatic cash out at $0.50 " ... Wondering where this leaves me.
Also, where are you all getting this info? I can't seem to find any news on AOBI anymore