Business Development Company Stocks – High Dividend Yields: A business development company (BDC) borrows money from financial institutions which then lends it out to companies.
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(as of Jun 05, 2024 16:07:24 UTC – Details)
A business development company (BDC) is a type of closed-end fund that makes investments in developing and financially distressed firms. Many BDCs are publicly traded and are open to retail investors. BDCs offer investors high dividend yields and some capital appreciation potential.
A BDC is legally obligated to pay out at least 90% of its profits to its depositors.
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Business Development Company Stocks – High Dividend Yields: A business development company (BDC) borrows money from financial institutions which then lends it out to companies.
$4.99
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