Buy These ‘Private Equity' Plays For 10.5% Yields
Crescent Capital BDC(CCAP) Forbes·2024-09-15 22:04
Focuses man calculate expenses pay bills online getty Let's talk about a "rich guy loophole" that you and I can take advantage of—and bank dividends up to 12.5%. And no, I'm not going to ask for your most recent tax return or W2. These are perfectly legal "backdoor" divvies trading between $10 and $20 per share. A sweet setup by Congress has these payers yielding between 10.5% and 12.5%. The secret is the business development company. BDCs provide capital to small and midsized businesses. These firms often ...