|Day's Range||38.41 - 38.88|
|52 Week Range||32.12 - 40.86|
|PE Ratio (TTM)||13.39|
|Dividend & Yield||2.22 (5.70%)|
|1y Target Est||N/A|
Bethesda company Aledade Inc. — which specializes in helping independent physician practices build accountable care organizations to better coordinate care for patients — is continuing its national expansion with a new partnership with UnitedHealthcare. The 3-year-old company said it will partner with UnitedHealthcare to create an accountable care program for more than 15,000 Medicare Advantage plan participants in Arkansas. The announcement comes just a few months after Aledade raised $20 million in March from CVF LLC, an affiliate of Henry Crown & Co., and the University of Texas Investment Management Co. to close the company’s Series B1 round.
Investors are too eager to pay up for high-yielding BDCs. Closed-end funds may be a better bet.
These companies have a long history of paying dividends monthly, instead of quarterly.