5 BDC Dividend Stocks for Increased Income

4. Barings BDC, Inc. (NYSE: BBDC)

Number of Hedge Fund Holders: 15
Dividend Yield: 7.1%

Barings BDC, Inc. (NYSE: BBDC), a publicly traded and externally managed investment company working as a business development company, is 4th on our list of BDC dividend stocks for increased income. The company is based in Charlotte, NC.

This June, BofA double-upgraded shares of Barings BDC, Inc. (NYSE: BBDC) from Underperform to Buy, with an $11.25 price target.

In the second quarter of 2021, Barings BDC, Inc. (NYSE: BBDC) had an NII of $0.22, in line with estimates. The company’s TII was $33.15 million, up 105.42% year over year and beating estimates by $3.12 million. Barings BDC, Inc. (NYSE: BBDC) has gained 8.67% in the past 6 months and 20.55% year to date.

By the end of the second quarter of 2021, 15 hedge funds out of the 873 tracked by Insider Monkey held stakes in Barings BDC, Inc. (NYSE: BBDC) worth roughly $63 million. This is compared to 14 hedge funds in the previous quarter with a total stake value of approximately $60.3 million.