FS KKR Capital Corp is a business development company based in the United States. Over the past year, FSK’s share price rose about 2.5% from $19.41 to $19.90 as of Monday’s market close.

Today I want to provide a list of BDCs that have announced dividend increases and/or supplemental dividends and which ones to look at for your portfolio.

If 2022 scared you off growth stories, feel free to park your funds in FS KKR Capital Corp., which makes a lot of money lending to mid-stage companies.

Almost all BDCs make variable-rate loans to their client companies. The BDC rules also require a BDC to maintain a low debt-to-equity capital structure. The structure allows a BDC to generate growing net interest income as interest rates increase.

Over the next year at this time a $1000 investment in FSK could generate $113.90 in cash dividends alone.