Looking for yield? Scott Black recommends Triangle Capital (TCAP), a business-development...

|About: Triangle Capital (TCAP)|By:, SA News Editor

Looking for yield? Scott Black recommends Triangle Capital (TCAP), a business-development company trading at just 1.3X times book value and yielding 9.6%. Despite booking major losses following the financial crisis, the company has increased its dividend an average 10.4%/year without having to borrow to pay it. Of course, another bad recession would make it vulnerable again.