"High-Yield Dividend Stocks for Retirement: ARCC, OCSL, and More"

Ares Capital (ARCC) and Oaktree Specialty Lending (OCSL) are two attractive defensive double-digit yielding Business Development Companies (BDCs) that offer potential for retirement income. Both companies have well-diversified portfolios of senior-secured loans and strong underwriting performance. They are positioned to benefit from rising interest rates and have investment grade credit ratings with solid balance sheets. ARCC has a history of dividend growth and benefits from its large scale and relationship with Ares Management, while OCSL has shown strong performance since being managed by Oaktree. Both dividends appear safe and have the potential for further growth. With attractive valuations and the potential for total return generation, these stocks are suitable for investors, particularly retirees looking to boost their passive income stream.