Buy This 7.6%-Yielding BDC King When Markets Tank

This BDC makes an excellent value proposition for income investors. I rebought it for my income portfolio in February, but I am going to double down if the stock market continues its correction. 3 reasons stand out why income investors may want to consider it on dips. An investment in the stock currently yields 7.6 percent.

Investors may want to get cash ready in order to take advantage of a drop in Main Street Capital Corp.'s (MAIN) share price. The business development company has dropped off 52-week highs lately, in-line with the broader stock market. That being said, investors need to be prepared for more downside as the U.S. and China are on collision course over new tariffs and correction risks have grown in 2018 due to the sudden eruption of volatility in February. An investment in Main Street Capital Corp. yields 7.6 percent at the time of writing.

Source: Seeking Alpha

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