BDC Buzz
Dividend investing, high income, BDCs, portfolio strategy

THL Credit: Poised For Growth And Pushing Higher

I have been working on a BDC portfolio growth potential analysis for the 25 BDCs that I cover to see which ones were poised for the most growth that could ultimately lead to higher dividends. THL Credit (NASDAQ:TCRD) has already raised its dividend every quarter since going public and has one of the lowest debt to equity ratios at 0.15 due to a recent equity offering, but also recently announced that it has added another $85 million in borrowing capacity on top of the $204 million in growth capital it had at the end of Q2. This could give the company the ability to grow its portfolio by over 60% without increasing the amount of shares giving it...

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