Private equity continues to fascinate both retail and institutional investors alike with its ability to own firms not traded on the public markets. This can take the form of both lending and stakes in the companies themselves. And with our latest Best Monthly Dividend Stocks List pick, regular Joes have the ability to play both sides of the coin and score a high monthly dividend in the process! Investors can score a 22.5 cent monthly dividend before it goes ex-dividend on Tuesday, February 7.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
Our pick is a business development company (BDC). And as one, it makes loans to firms in the so-called middle market: private firms that need access to capital. The key is that our pick doesn’t just make senior loans for CAPEX, buyouts and expansion plans. It also takes equity stakes in the various companies it invests in. This combo provides it a seat at the table with regards to business decisions and also improves the safety of its loans.
The best part is our pick has been very successful at guiding its portfolio companies and underwriting. Our pick features one of the strongest portfolios in the sector and has had several of its portfolio firms undergo IPOs/exit events. And investors have shared in its success as well. Our pick features a rising monthly dividend that has plenty of special and one-time payments included.
For investors, our pick makes for a wonderful monthly dividend payer designed to boost their income with a side of private equity power.
