Crescent Capital: A Fat 9% Yield, But Don't Chase It
Crescent Capital BDC(CCAP) Seeking Alpha·2024-07-10 17:40
8vFanICrescent Capital BDC, Inc. (NASDAQ:CCAP) is a well-managed business development company with a distinct floating-rate focus, a First Lien-centric investment portfolio and very solid dividend pay-out metrics. Crescent Capital is also distributing a steady stream of growing, supplemental dividends to passive income investors and the valuation reflects a moderate margin of safety. I think that Crescent Capital will continue to pay supplemental dividends in the latter half of 2024 and possibly beyond ...