BDC Dividend Stocks
Every business development company (BDC) in our coverage — a complete list, not a sample.
Business development companies lend to and invest in private mid-sized businesses, and — like REITs — must distribute at least 90% of taxable income, which produces some of the highest regular yields on the market.
The price of that yield is credit risk and leverage: BDC income depends on borrowers staying current, and most BDCs amplify returns with borrowed money. Coverage is conventionally judged on net investment income (NII) per share against the distribution, not on EPS.
| # | Company | Price | Yield | Frequency | Rank |
|---|---|---|---|---|---|
| 1 | Gladstone Capital Corporation GLAD | $19.13 | 9.41% | Monthly | 79 |
| 2 | Gladstone Investment Corp. GAIN | $15.27 | 6.29% | Monthly | 72 |
| 3 | Carlyle Secured Lending, Inc. CGBD | $10.81 | 12.95% | Quarterly | 71 |
| 4 | Ares Capital Corporation ARCC | $19.12 | 10.04% | Quarterly | 69 |
| 5 | MSC Income Fund, Inc. MSIF | $11.95 | 9.04% | Monthly | 66 |
| 6 | Blue Owl Capital Corporation OBDC | $10.50 | 11.81% | Quarterly | 66 |
| 7 | Main Street Capital Corporation MAIN | $55.90 | 5.69% | Monthly | 65 |
| 8 | Chicago Atlantic BDC, Inc. LIEN | $9.15 | 14.86% | Quarterly | 64 |
| 9 | Blackstone Secured Lending Fund BXSL | $23.52 | 13.10% | Quarterly | 61 |
| 10 | Blue Owl Technology Finance Corp. OTF | $9.62 | 16.63% | Weekly | 56 |
| 11 | Saratoga Investment Corp. SAR | $13.94 | 21.52% | Monthly | 56 |
| 12 | Crescent Capital BDC, Inc. CCAP | $9.30 | 17.31% | Monthly | 55 |
| 13 | Morgan Stanley Direct Lending Fund MSDL | $13.96 | 12.89% | Quarterly | 53 |
| 14 | Kayne Anderson BDC, Inc. KBDC | $13.04 | 12.27% | Quarterly | 52 |
| 15 | Capital Southwest Corporation CSWC | $23.41 | 12.99% | Monthly | 50 |
| 16 | Stellus Capital Investment Corporation SCM | $7.04 | 14.20% | Monthly | 50 |
| 17 | CION Investment Corporation CION | $7.11 | 16.88% | Monthly | 47 |
| 18 | Trinity Capital Inc. TRIN | $17.24 | 11.83% | Monthly | 44 |
| 19 | Goldman Sachs BDC, Inc. GSBD | $9.06 | 15.23% | Quarterly | 44 |
| 20 | BCP Investment Corporation BCIC | $6.14 | 17.59% | Monthly | 40 |
| 21 | OFS Capital Corporation OFS | $4.01 | 16.96% | Quarterly | 39 |
| 22 | Nuveen Churchill Direct Lending Corp. NCDL | $11.10 | 13.69% | Quarterly | 30 |
| 23 | Portman Ridge Finance Corporation PTMN | $12.27 | 8.80% | Monthly | 24 |
Methodology
The U.S.-listed common shares of companies whose filings describe them as business development companies, identified from our stored company descriptions and ordered by DividendRank. A BDC's exchange-listed notes (baby bonds) are debt, not dividend stock, and are left out. At roughly two dozen names this is our complete BDC coverage, shown in full.
What to Keep in Mind
We do not carry NII-per-share data, the standard BDC coverage measure, so EPS-based figures on ticker pages carry an explicit caveat. Rate cycles cut both ways for BDCs: floating-rate loan books earn more as rates rise, but borrower stress rises too.
Frequently asked questions
What is a BDC dividend?
A distribution from a business development company — a vehicle that lends to private mid-sized businesses and must pay out at least 90% of taxable income. Yields are structurally high; durability tracks the credit quality of the loan book.
How is BDC dividend coverage measured?
By net investment income per share versus the distribution — not EPS, which unrealized portfolio marks distort. We label EPS-based figures accordingly since we do not carry NII data.
Related Pages
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.