5 Dividend Stocks with Over 8% Yield

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

Dividend Yield as of August 18: 11.43%

Barings BDC, Inc. (NYSE:BBDC) is an American business development company that specializes in providing financing and investment solutions to middle-market companies. On August 9, the company announced a 4% hike in its quarterly dividend to $0.26 per share. It has raised its dividends multiple times since 2018, which makes it one of the best dividend stocks on our list. The stock offers a dividend yield of 11.43%, as of August 18.

At the end of the June quarter of 2023, 12 hedge funds in Insider Monkey’s database reported having stakes in Barings BDC, Inc. (NYSE:BBDC), up from 11 in the previous quarter. The consolidated value of these stakes is over $38.6 million.

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