Dividend stocks are getting a higher profile as investors reckon with interest rates hitting a ceiling. Since income investing is one of the things we do around here, I’d like to open a position on a little company called Investcorp Credit Management BDC (ICMB).

ICMB is a Business Development Company, which is just the regulatory way of saying it exists to lend money to enterprises that need cash, collecting interest and paying it back to shareholders as dividends. The quarterly payout has jumped around over the past decade but management has always found a way to pay at least $0.15 per share. If that continues, we lock in an 18% yield here. And while the stock itself has gone down YTD, the net value of the lending portfolio clocks in at $5.49 per share . . . rising for the first time in a year.

Buy ICMB below $3.35. Inner Circle, you too. Fund this position with cash.