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Toofuzzy

12/08/12 4:15 PM

#36101 RE: 1step #36100

>>>>>
psec cut its quarterly dividend of 40 cents to monthly of 10 cents in june or so of 2010. Obviously price went down. What do you think? <<<<

While I have an interest in Business developement corporations I have not really followed any individual securities.

Check out BDCS for an ETF of BDCs

Toofuzzy

karw

12/09/12 3:04 AM

#36106 RE: 1step #36100

Hi 1step,

I think they raised the dividend recently, and the stock price increased last week.

The negative operating cash flow would still be a problem for me. I would switch to something that has a positive operating cash flow.

Did you have a look at the Pimco dividend funds?

Kind Regards,K