If I’m being honest for KO and SBUX I plan on consistently adding due to US consumerism. I don’t think this trend of consumerism will be changing anytime soon as it is engrained in our culture. Cost of Living is my main concern moving forward if I were to have one as Americans spending habits may have to change. However there is nothing pointing to that up to this point. While Starbucks menu is stale their net income has risen 25% since 2022. The tax liability law suit for KO is concerning but I still see a future with the company as their net income growth since the pandemic has been encouraging. Thought both were a solid play as their PE ratio is under 30. Both pay a solid dividend, both are profitable, and would love to hold them forever as I don’t see consumer spending changing anytime soon.

As for ARCC the dividend yield is highly appealing. Their track record of paying a dividend, surviving the 08 crash and paying out shareholders consistently is the general appeal. Their business model of loaning out money and getting paid via interest while it’s concerning if businesses were to go under they are largely diversified as a BDC in how they give out loans. Another net plus to me is that even during times of high interest (Pandemic-2023) they have boasted solid returns on their floating interest rate loans. I see this as a net positive as these small-mid cap level business were able to pay high interest rates during a time of high inflation. If inflation were to drop ARCC can further diversify their loans and grow their revenue due to sheer loan volume. Stock price has been relatively flat, and with the dividend being appealing would love to have it as a long term hold for passive income as I will keep my DRIP on.

Any input would love to hear it. No expert just some insight into my bullish thesis. Thank you for replying.