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By Harry Domash Dividends paid by most corporations, are, in effect, taxed twice. A corporation first pays taxes on the income that it generates to fund the dividends given to its shareholders. Those same shareholders then are taxed when they receive the dividends. However, Business Development Companies (BDCs) are an exception. These corporations don’t pay income taxes as long as…

Date Issued  6/1/2016 Shares Issued   16,000,000     Overallotment Shares   None S&P Rating  BBB      Moodys   Baa2 Security Ticker Symbol   RZB Market Traded ON   NYSE Interest Payment Paid on the 15th of March, June, September and December beginning on 9/15/2016 Quarterly Interest   .359   Annual Interest   1.4375 Securities may be redeemed, at the issuers option, as early as…

Nearly everyday I look at the various portfolios that we have on the website as well as our personal accounts and smile.  The vast amount of fear, on a global basis, has helped generate profits for income investors as investors from all over the world rush in and try to secure at least a modest amount of income in their…

Date Issued  6/10/2016 Shares Issued  4,000,000   Overallotment Shares  600,000 S&P Rating   NR   Moodys Rating   NR Security Ticker Symbol   SSW-G      Market Traded ON   NYSE Dividend Payment Paid on the 30th of January, April, July and October beginning on 07/30/2016 Quarterly Dividend   .5125   Annual Dividend   2.05 Securities may be redeemed, at the issuers option, as early as…

The Gabelli Dividend & Income Trust, (NYSE:GDV), a closed end fund (CEF), has sold a high quality preferred share offering with a low coupon of 5.25%.  Given that the issue is rated Aa3 by Moodys the low coupon in the present yield environment should be expected. The trust is using the proceeds for general corporate purposes, which means they can…