CCAP Stock Recent News
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Crescent Capital BDC offers a 9% dividend yield with strong performance and conservative portfolio management. Broadstone Net Lease provides a 7.4% dividend yield with high occupancy rates and a solid balance sheet. Both companies offer stable income and potential capital appreciation, making them attractive high-yield investment options in a volatile market.
Crescent Capital BDC (CCAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
If you're considering investing in dividend stocks, you'll find that there are many reasons to do so, not least the steady passive income they deliver on top of long-term capital appreciation.
Net worth is not the only metric to measure wealth, as free cash flow generation is also important. Investing in a mix of high and mid-level dividend-paying stocks can protect net worth, while providing income. Crescent Capital and Federal Realty Trust are two picks that offer high-yield and stable growth for a well-rounded portfolio.
Does Crescent Capital BDC (CCAP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Weak asset quality, high rates and macroeconomic woes are likely to hurt Zacks SBIC & Commercial Finance industry players like Golub Capital (GBDC) and Crescent Capital (CCAP). Yet, decent financing demand across sectors is likely to aid.
Crescent Capital BDC (CCAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Crescent Capital BDC (CCAP) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.54 per share a year ago.
Business Development Companies like Crescent Capital provide an opportunity to collect high distributions in the current high-interest rate environment. CCAP has a diverse portfolio of 186 companies across different industries, mitigating concentration risk. The credit quality remains solid, but non-accruals sit at 2%. Net investment income has consistently grown over the last several quarters, and plenty of supplemental distributions have been declared as a result.
LOS ANGELES, April 18, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Thursday, May 9, 2024 at 12:00 p.m.