SOURCE: The Bedford Report

The Bedford Report

July 20, 2011 08:16 ET

Prospect Capital and BlackRock Kelso Remain Popular Dividend Plays

The Bedford Report Provides Equity Research on Prospect Capital & BlackRock Kelso Capital

NEW YORK, NY--(Marketwire - Jul 20, 2011) - With the markets showing signs of volatility this month, investors are looking for safe havens. High yielding dividend plays traditionally get attention during hectic times in the market as investors are more likely to believe in the company's security and real earnings power. One of the more popular dividend plays is via the Business Development Company (BDC) sector due to the steady revenues most companies earn. The Bedford Report examines the outlook for companies in the Business Development Company (BDC) Industry and provides stock analysis on Prospect Capital Corporation (NASDAQ: PSEC) and BlackRock Kelso Capital Corporation (NASDAQ: BKCC). Access to the full company reports can be found at:

www.bedfordreport.com/PSEC
www.bedfordreport.com/BKCC

Several companies in the BDC sector have been raising capital and reducing leverage, giving them better operational flexibility moving forward through the year. The issuance of public debt has been one of the primary means by which the sector has sought to raise capital.

BlackRock Kelso Capital Corporation provides debt and equity capital to middle-market companies. Currently the company pays an annual dividend of $1.04 a share for a yield of around 11.3 percent.

The Bedford Report releases investment research on the Business Development Company (BDC) Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Prospect Capital is a closed-end investment company that lends to and invests in private and microcap public businesses. Presently the company pays an annual dividend of $1.12 a share for a hefty yield of around 12.2 percent.

Last week Prospect Capital said that it made a secured second lien investment of $39 million to support the recapitalization of Totes Isotoner Corporation. Totes Isotoner maintains a leading market share in department stores, national chains, mass merchants, and food and drug stores in North America and Europe through its familiar Totes, Isotoner, and Acorn brands.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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