5 Best BDC Stocks To Buy For the Rest of 2023

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

Number of Hedge Fund Holders: 12

Barings BDC, Inc. (NYSE:BBDC) is one of the leading business development companies that primarily specializes in providing financing and capital to middle-market companies. On August 9, the company declared a 4% increase in its quarterly dividend to $0.26 per share. It has raised its dividends many times since 2018, coming through as one of the best dividend stocks on our list. As of September 26, the stock has a dividend yield of 11.89%.

Barings BDC, Inc. (NYSE:BBDC) was a part of 12 hedge fund portfolios at the end of Q2 2023, up from 11 in the previous quarter, as per Insider Monkey’s database. The collective value of stakes owned by these hedge funds is over $38.6 million.