Chris Hondros/Getty Images News
Seeking Shelter
The weather outside is frightful, but at Goldman Sachs BDC (NYSE:GSBD) it’s delightful, since we have no place for cash to go, GSBD is the place to go.
It’s corny, I know, to take off
Goldman Sachs BDC Stands For A Better Dividend Class
Summary
- Retail value investors can safely park their cash, collect a forward dividend yield of 10.48% that beats inflation, and rest easy weathering the financial storm with Goldman Sachs BDC.
- The shares have a BETA of 0.58, far below the market’s volatility and are backed by a huge investment firm owning more than six percent of the shares.
- The current share price is down for the year and future revenue might suffer from the economy's sluggishness but the share price is not likely to take a dive.
I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. A college in Jerusalem hired me to teach business and American Politics beginning in the fall of 2023. I consult with startups and mid-level companies. I co-manage Goldmeier Investments LLC with my son Daniel. I founded the Sappanos Decorating Centers, Chicago, with more than 70 employees and real estate holdings in excess of $15m. I am a former Research and Teaching Fellow at Harvard and Assoc. Prof Tufts Medical School.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.