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Yahoo
14 minutes ago
- Yahoo
Is Barings BDC (BBDC) a Buy for Dividend Investors Looking Under $20?
Barings BDC, Inc. (NYSE:BBDC) is included among the 13 Best Dividend Stocks to Buy Under $20. A close up view of a bank of computers and wires, showing the complex technology powering the company's financial services. The company reported mixed earnings in the first quarter of 2025, with revenues coming in at $64.4 million. The revenue showed a 7.7% YoY decline and also missed analysts' estimates by $3.35 million. The company reported net investment income of $26.4 million, translating to $0.25 per share. In addition, there was a net increase in net assets from operations amounting to $32.6 million, or $0.31 per share. For the quarter ending March 31, 2025, Barings BDC, Inc. (NYSE:BBDC) made 14 new investments amounting to $128.2 million and allocated an additional $78.7 million to existing portfolio companies. It saw the repayment of 10 loans totaling $66.1 million, resulting in a net realized loss of $10.2 million. Moreover, the company collected $33.9 million from principal payments and sales of portfolio assets, recognizing a net realized loss of $0.4 million. It also received $5.2 million in return of capital from joint ventures, equity holdings, and royalty rights investments. Barings BDC, Inc. (NYSE:BBDC) is a strong dividend payer, paying uninterrupted dividends to shareholders since 2007. It offers a quarterly dividend of $0.26 per share and has a dividend yield of 10.95%, as of July 21. While we acknowledge the potential of BBDC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
14 minutes ago
- Yahoo
LA Times to Go Public ‘Over the Next Year,' Patrick Soon-Shiong Says
Los Angeles Times Owner Patrick Soon-Shiong intends to make the paper a publicly traded company by next year, the billionaire said during an interview with Jon Stewart on Monday's episode of 'The Daily Show.' 'Whether you right, left, Democrat, Republican, you're an American. So the opportunity for us to provide a paper that is the voices of the people, truly the voices of the people [is important],' Soon-Shiong said. 'So I'm going to announce something with you tonight…that we are going to take LA Times public and allow it to be democratized and allow the public to have ownership of this paper,' Soon-Shiong said. More from TheWrap LA Times to Go Public 'Over the Next Year,' Patrick Soon-Shiong Says | Video Fortune Cuts 10% of Staff, Becomes Latest Media Company Hit With AI-Driven Layoffs Trump White House Boots Wall Street Journal From Press Pool Amid $10 Billion Lawsuit Hunter Biden Blasts George Clooney Over Joe Biden Criticisms: 'What Right Do You Have' Asked when this would happen, Soon-Shiong said, 'We think over the next year that we will, I'm working through with an organization that's putting that together right now, and right, and so the idea and that can hopefully remove maybe some of those questions of where ethics get cloudy.' Watch the interview below: It's unclear how this will affect the paper's current employees, who have been rocked by cascading crises in recent years. This year alone has seen layoffs and buyouts, on top of an ideological shift mandated by Soon-Shiong that led directly to a steep drop in subscribers. In early may, 14 staffers were let go, and in march, dozens of employees in operations and communications sections were axed, a move that followed buyouts for 40 newsroom employees. And the paper lost at least 25,000 subscribers in the weeks after Soon-Shiong overrode the paper's editorial board to cancel a planned endorsement of Kamala Harris, and then began mandating more right leaning coverage. The post LA Times to Go Public 'Over the Next Year,' Patrick Soon-Shiong Says | Video appeared first on TheWrap. Sign in to access your portfolio
Yahoo
14 minutes ago
- Yahoo
Macy's (M): A Surprising High-Yield Dividend Stock Under $20
Macy's, Inc. (NYSE:M) is included among the 13 Best Dividend Stocks to Buy Under $20. mandritoiu / The company experienced some growth in the years immediately after the COVID-19 pandemic, but its performance has slowed more recently, with revenue slipping over the past two years. For 2025, the company's first-quarter results topped expectations, though the broader forecast fell short of market hopes. Adjusted earnings were reported at $0.16 per share, slightly ahead of the projected $0.14, while total revenue reached $4.60 billion, exceeding the anticipated $4.50 billion. Macy's, Inc. (NYSE:M) reported a 2.0% decline in comparable sales on an owned basis and a 1.2% drop on an owned-plus-licensed-plus-marketplace basis. Despite the declines, the results exceeded the company's earlier guidance, supported by stronger-than-anticipated performance across all three of its nameplates. The company also made progress on its Bold New Chapter strategy during the quarter, expanding key initiatives that enhanced the customer experience and played a role in the better-than-expected results. Macy's, Inc. (NYSE:M) has remained committed to its shareholder obligation. In the most recent quarter, the company returned $152 million to shareholders, including $51 million in dividends. In addition, it has raised its dividends for four consecutive years. It offers a quarterly dividend of $0.1824 per share and has a dividend yield of 5.99%, as of July 21. While we acknowledge the potential of M as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
