|Bid||17.5800 x 100|
|Ask||17.6000 x 1100|
|Day's Range||17.4710 - 17.6400|
|52 Week Range||16.4000 - 20.6000|
|PE Ratio (TTM)||23.48|
|Dividend & Yield||1.80 (10.30%)|
|1y Target Est||N/A|
Investors are too eager to pay up for high-yielding BDCs. Closed-end funds may be a better bet.
Most business development companies (BDCs) have low profiles on Wall Street. Their relative obscurity makes them good vehicles for banking high yields – in fact, today we’ll discuss three that pay between 12% and 16% annually.
Q1 2017 Triangle Capital Corp Earnings Call