5 Best Dividend Stocks Under $5

2. BlackRock Capital Investment Corporation (NASDAQ:BKCC)

Share Price as of October 27: $3.67

BlackRock Capital Investment Corporation (NASDAQ:BKCC) is a New York-based company that provides flexible financing solutions to middle-market companies. The company reported a strong cash position in Q2 2022 with over $22.4 million available in cash and cash equivalents. It also had nearly $120 million available under its credit facility. The company’s revenue for the quarter saw a 13% year-over-year growth at $12.2 million.

On August 3, BlackRock Capital Investment Corporation (NASDAQ:BKCC) declared a quarterly dividend of $0.10 per share, in line with its previous dividend. The company has not raised its payouts since the pandemic but paid regular dividends over these years. As of October 27, the stock has a dividend yield of 10.9%.

The number of hedge funds tracked by Insider Monkey owning stakes in BlackRock Capital Investment Corporation (NASDAQ:BKCC) stood at 5 in Q2 2022, compared with 9 in the previous quarter. These stakes have a consolidated value of over $3.8 million.