Goldman Sachs BDC: Buy This Fat Yield As Markets Plunge

Jun. 21, 2022 12:41 PM ETGoldman Sachs BDC (GSBD)GSBD8 Comments
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Summary

  • Goldman Sachs BDC’s stock pays a 10.8% yield.
  • The BDC covers its dividend with net investment income.
  • GSBD has started to trade at a small premium to book value.

Fraud Charge Against Goldman Sachs Takes Toll On Market Indices

Chris Hondros/Getty Images News

Goldman Sachs BDC, Inc. (NYSE:GSBD) is an excellent business development company for investors seeking recurring dividend income.

Following the recent market downturn, Goldman Sachs BDC is trading at a much lower book value multiple, and the company has

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A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GSBD either through stock ownership, options, or other derivatives. 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.

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