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Re: bar1080 post# 188

Tuesday, 08/30/2016 5:01:55 PM

Tuesday, August 30, 2016 5:01:55 PM

Post# of 313
The old 8 cent monthly div was slashed to 4 cents in 2009. The div is currently lower than its pre-Great Recession peak.

Many BDCs did worse. Some failed. This is a risky sector, and no one should put much of their savings in these inscrutable "alphabet" stocks.

Again I'll warn that the leverage allowed BDCs is much higher now than in 2009. Quite possible GAIN would have failed if it used that higher leverage back in 2009.



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