There’s power in partnerships. Having the right sponsor or partner can make or break a business. Particularly, those businesses that rely on expertise and underwriting to make money. For our latest Best High-Yield Dividend Stocks Model Portfolio pick, its relationship with one of the world’s largest global asset managers and insurance firms has driven cash flow and rising dividends for nearly 5 years straight!
Our pick is a business development company (BDC) that provides capital and debt solutions to middle market companies. Here, it has been able to lean on its partner’s strength as a global asset manager to underwrite loans successfully. And with a focus on fixed rate senior loans, our pick’s cash flow continues to be steady and support its hefty dividend.
With the backing of a large asset manager, focus on senior loans and strength of the middle market, our pick makes an interesting high-yield choice for investors looking to boost their income in the current market environment.
In order to make room for our new BDC pick, we’ve been forced to remove a triple-net REIT from the list.
You can check out the Best High Dividend Stocks Model Portfolio to explore all the stocks.
