🇺🇸 Initial purchase #4 in November '22 🇺🇸
Hello dear dividend friends 🙋♂️. Today we are not talking about tankers, but about a very nice business development company.
➡️ 100 shares of Carlyle Secured Lending ($CGBD (-0.12%)) were sold at 14.36 USD per share into the portfolio.
➡️ I have added another position or a first tranche to my BDCs, namely Carlyle Secured Lending.
➡️ The reasons were great results on all fronts. CGBD's portfolio got better in terms of quality. Non-accruals were more or less halved, NAV further increased and dividend increased for the second time.
➡️ In terms of valuation, CGBD currently has a discount of 16%, which is well below average. The dividend yield is above average.
➡️ Soon there will be an overview of all my BDCs in a separate article.