Large Dividends From Prospect Capital and Ares Capital -- Safe Havens in Volatile Market
The Paragon Report Provides Equity Research on Prospect Capital & Ares Capital Corporation
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 10/11/11 -- With the markets exceptionally volatile, investors are looking for safe havens plays. Business Development Companies (BDC) are well known for their generous shareholder return -- either via dividend payments or share repurchase. Share repurchases have gained popularity among companies because there's a total flexibility with them, whereas dividend payments require a commitment. When a company is forced to cut or suspend its dividend payment, shareholders are extremely likely to express their discontent. The Paragon Report examines the outlook for companies in the Business Development Company (BDC) Industry and provides stock analysis on Prospect Capital Corporation (NASDAQ: PSEC) and Ares Capital Corporation (NASDAQ: ARCC). Access to the full company reports can be found at:
Prospect Capital is a closed-end investment company that lends to and invests in private and microcap public businesses. Presently the company pays an annual dividend of $1.22 a share for a hefty yield of around 14.4 percent. In late September Prospect Capital announced that it provided a senior secured loan of $23 million to support the recapitalization of Anchor Hocking, a company controlled by affiliates of Monomoy Capital Partners. Prospect served as facility agent in a $45 million term loan financing for Anchor.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the BDC industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Ares Capital Corporation is a private equity firm specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. Ares is one of the largest specialty finance companies in America, with $13 billion in committed capital to the middle-market.
Ares Capital Corp pays an annual dividend of $1.14 per share for a yield of around 10.2 percent.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 11.10.2011 - 06:16 Uhr
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