Div play??

AT&T

AT&T.

I got in at $32 a few years back

you realize you can buy literally any name you want and sell a covered call a year out and collect an over 4% dividend?

For Example, google, which many hate bc it lacks a dividend....you buy 100 shares today at $708 and sell 1 june 2017 call at $830 for $29 right now. That means you effectively get google + a 4% dividend and you must sell it if it hits $830 in 1 year which is a near 20% gain.

You dont have to buy utter dogs like ATT to get a high yield

i got in on ATT at 18, and sold at 22.

its going to be hard to find a dividend play that yields 4%.

But SCHD yields like 3%. XOM is right about 3.3%.

COP has like 4.5% yield, but its gotten fricking hammered in the last year.

Htd

I would have a hard time selling XOM and MO at any time.

well anyone holding on MO here is nuts, first off US smoking is declining, but we've known that and it was a fine investment with a 6% yield, but with the yield teetering near 3.5% and the stock at highs up 100% in the last 24 months, this isnt a place to add. You can hold up here if you like, but there are better names to buy today. Altria is a fine name but not at 3.5% yield when historically the yield has been way way way higher

I have been thinking about Investing in Ares Capital(ARCC)

after reading this thread LINK

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ARCC - 10.2% at current. (Rock solid)

Big fan of ARCC. It's a best-of-breed Business Development Corporation and as it's classified as a BDC, by law, it must pay out at least 90% of profits as dividends. Seems like a lot of the lower-end employees hate working there, which in the finance world, is usually a sign of a brilliantly managed company in terms of efficiency and cost controls. Been on the train since early '09 and not sure if I'll ever get off.
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I dont know much about "bdcs". In your opinion what are some of the advantages of adding them to your porfolio?