Reported 7 days ago
This article highlights two investment opportunities for income-seeking investors: Ares Capital (NASDAQ: ARCC) and PennantPark Floating Rate Capital (NYSE: PFLT). Both companies offer impressive dividend yields above 9% and demonstrate strong fundamentals, making them attractive options for those looking to build a reliable passive income stream. Ares Capital, as a large business development company, boasts a 9.2% yield, while PennantPark offers a slightly higher yield of 10.7%, and both have diverse portfolios supporting their dividend payments.
Source: YAHOO