BDCs With 9.6% Average Dividend Yields Plus Share Price Upside

It’s too early to “cry wolf” about business development companies (BDCs), Oppenheimer & Co. analysts write in their quarterly outlook for the sector. Some investors are concerned it is getting late in the credit cycle, which could mean it’s time to pull back, but they shouldn’t be. Lead analyst Chris Kotowski writes: Historically expansions of credit [...]