Updated BDC Dividend Coverage Levels: July 2021
Summary
I have updated the Dividend Coverage Levels tables to take into account the recently updated projections for ARCC, CSWC, MAIN, NMFC, TPVG, TCPC, PFLT, FDUS, GBDC, MRCC, GLAD, PNNT, GAIN.
As a conservative investor, I plan for the worst-case scenario when ranking dividend coverage.
Worst-case scenarios include increased portfolio credit issues, lowe…