The Best BDC Dividend Stocks For Rising Rates
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Business development companies (BDCs) are big dividend paying companies that tend to thrive as rates rise. Today, well discuss three inflation-powered payouts up to 10.7%.
BDCs extend loans to small businesses and often their loans have a floating rate component included. So, the BDC tends to make more money as long-term rates rise.
A quick background on BDCs. Since traditional banks have backed off on lending over the years, BDCs have stepped in. They…
