Business development companies (BDCs) are required to pay out 90% or more of their earnings to shareholders, similar to real estate investment trusts, resulting in double-digit dividend yields for investors.
Recently, Apollo Investment Corp. (NASDAQ: AINV), Triangle Capital (NYSE: TCAP), and Ares Capital Corporation (NASDAQ: ARCC) have reported earnings. Join The Motley Fool’s Gaby Lapera and Jordan Wathen as they dissect broad trends in the industry’s earnings reports in the second quarter of 2016.