Many investors mistakenly believe that the world of private equity and its home-run potential are hopelessly out of reach. Privately held PE firms are difficult to access and often require seven-figure sums to start. Plus the handful of publicly traded PE companies are organized as limited partnerships – which means a hassle come tax time.
But there’s a promising group of easy-to-buy private equity firms hiding in plain sight: business development companies (BDCs).
And BDCs are dividend behemoths. In fact, I’ll highlight three today paying up to 9%!
Business development companies are the lifeblood of American small business, providing financing to small and mid-sized business in many instances when banks and other financiers consider the risk to be too great.…
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