| Main Street Capital: A Good Choice To Navigate Concerns Of The BDC Sector |
Main Street Capital remains a top-quality BDC with solid fundamentals, strong management, and consistent income generation, as evidenced by robust Q1 earnings. Despite a recent 11.5% price decline, MAIN still trades at a 68.5% premium to NAV, well above its historical average. Macro risks and sector-wide premium valuations make me hesitant to add to my MAIN position or increase BDC exposure right now. |
seekingalpha.com |
2025-05-16 01:10:08 |
Czytaj oryginał (ang.) |
| Golub Capital: Another Good Quarter From This 11%-Yielding BDC |
Golub Capital BDC delivered a solid quarter with a 2% total NAV return, trading at an 11% dividend yield and a 6% discount to NAV. The company's portfolio is well-diversified with 368 positions, primarily in floating-rate first-lien loans, focusing on the software and healthcare sectors. Despite a slight NAV decline and net realized losses, GBDC's low-cost fee structure and resilient portfolio have driven strong performance, beating the median BDC by 2.5%. |
seekingalpha.com |
2025-05-15 14:56:33 |
Czytaj oryginał (ang.) |
| 2 BDCs Likely To Cut Dividends Soon |
The current macro backdrop is restrictive for strong BDC sector performance. An important implication of this unfavorable environment is that many BDCs will have to sooner or later synchronize their dividend yields to portfolio asset yields (which have decreased quite a bit). In my view, we will see more and more BDC dividend cuts being announced this year. |
seekingalpha.com |
2025-05-15 13:15:00 |
Czytaj oryginał (ang.) |
| Logan Ridge Finance: Poor Credit Quality Makes This 8% Yielding BDC One To Avoid |
Logan Ridge Finance Corporation faces significant challenges, including declining net investment income and questionable credit quality, making it a risky investment for income-focused investors. Despite a potential merger with Portman Ridge Finance Corp., which could provide benefits, LRFC's current financial instability and high probability of a dividend cut are concerning. LRFC's portfolio has a high percentage of first-lien loans and attractive sector allocation, but still struggles with non-accruals and declining net asset value. |
seekingalpha.com |
2025-05-15 11:15:00 |
Czytaj oryginał (ang.) |
| Crescent Capital BDC, Inc. Reports First Quarter 2025 Earnings Results; Declares a Second Quarter Base Dividend of $0.42 Per Share |
LOS ANGELES, May 14, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $0.45 per share and net income of $0.11 per share, for the quarter ended March 31, 2025. Net asset value (NAV) per share was $19.62 at March 31, 2025 compared to $19.98 as of December 31, 2024. |
globenewswire.com |
2025-05-14 20:30:00 |
Czytaj oryginał (ang.) |
| Chicago Atlantic BDC Inc. (LIEN) Q1 2025 Earnings Call Transcript |
Chicago Atlantic BDC Inc. (NASDAQ:LIEN ) Q1 2025 Earnings Conference Call May 14, 2025 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations, SCR Partners Peter Sack - Chief Executive Officer Martin Rodgers - Chief Financial Officer Dino Colonna - President Conference Call Participants Pablo Zuanic - Zuanic Associates Operator Good day. And welcome to the Chicago Atlantic BDC First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-14 16:14:10 |
Czytaj oryginał (ang.) |
| Chicago Atlantic BDC, Inc. (LIEN) Reports Q1 Loss, Lags Revenue Estimates |
Chicago Atlantic BDC, Inc. (LIEN) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of $0.34. This compares to loss of $0.01 per share a year ago. |
zacks.com |
2025-05-14 13:16:08 |
Czytaj oryginał (ang.) |
| Chicago Atlantic BDC, Inc. Reports First Quarter 2025 Financial Results and Announces Cash Dividend of $0.34 per Share |
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the first quarter ended March 31, 2025. |
globenewswire.com |
2025-05-14 11:00:00 |
Czytaj oryginał (ang.) |
| Investcorp Credit Management BDC, Inc. Announces Financial Results for the Quarter Ended March 31, 2025, and Quarterly Distribution |
NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (“ICMB” or the “Company”) announced its financial results today for its fiscal quarter ended March 31, 2025. HIGHLIGHTS On March 20, 2025, the Company's Board of Directors (the “Board”) declared a distribution of $0.12 per share for the quarter ending March 31, 2025, payable in cash on May 16, 2025, to stockholders of record as of April 25, 2025. During the quarter, ICMB made investments in one new portfolio compan. |
businesswire.com |
2025-05-14 00:55:00 |
Czytaj oryginał (ang.) |
| Hercules Capital: A Strong BDC Investment Pick (Rating Upgrade) |
Hercules Capital is a top BDC choice for passive income investors, offering solid dividends supplemented by non-base distributions and strong credit quality. The BDC focuses on the technology sector, with a portfolio value of $3.9 billion and a low non-accrual ratio of 0.5%. Despite a premium valuation, Hercules Capital's consistent performance, high net investment income, and supplemental dividends justify its 'Strong Buy' rating. |
seekingalpha.com |
2025-05-13 17:02:49 |
Czytaj oryginał (ang.) |
| Kayne Anderson BDC, Inc. Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Dividend of $0.40 Per Share |
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today announced its financial results for the first quarter ended March 31, 2025. “We are pleased to report one of our strongest first quarters of investment activity since KBDC's inception,” said Doug Goodwillie, Co-Chief Executive Officer. “Our strategy of building a diversified portfolio of stable, well-. |
businesswire.com |
2025-05-12 20:31:00 |
Czytaj oryginał (ang.) |
| Ares Capital: A Top BDC Choice For Income Investors |
Ares Capital missed EPS expectations for Q1, but results were nonetheless very robust; ARCC grew its portfolio, and maintained high balance sheet quality, with a low non-accrual percentage. I rated Ares Capital a hold previously, due to its high-yield and high valuation multiplier. Ares Capital's diversified portfolio and first lien strategy, combined with 326% Y/Y growth in net commitments, highlight its growth potential. |
seekingalpha.com |
2025-05-11 03:48:23 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector |
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors. |
seekingalpha.com |
2025-05-10 13:02:13 |
Czytaj oryginał (ang.) |
| Ares Capital: Stalwart BDC Keeps Rolling Along With A Solid Q1 Result |
Ares Capital delivered a solid 2.1% total NAV return in Q1, trading at a 9.4% dividend yield and a 3% premium to book. Core net investment income dropped to $0.50, with GAAP NII steady at $0.54; dividend coverage fell to 104%, but the dividend remains stable. Portfolio quality remains stable with non-accruals at 0.9% and a diversified portfolio; leverage is low but may rise as lending opportunities increase. |
seekingalpha.com |
2025-05-10 04:48:25 |
Czytaj oryginał (ang.) |
| Investcorp Credit Management BDC, Inc. Schedules Earnings Release for the First Quarter Ended March 31, 2025 |
NEW YORK--(BUSINESS WIRE)--Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB) (“ICMB” or “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2025 on Tuesday, May 13, 2025, after the close of the financial markets. The Company will host an earnings conference call at 10:00 am (Eastern Time) on Wednesday, May 14, 2025 to review its financial results and conduct a question-and-answer session. All interested parties may participate in the co. |
businesswire.com |
2025-05-09 20:19:00 |
Czytaj oryginał (ang.) |
| Goldman Sachs BDC, Inc. Reports March 31, 2025 Financial Results and Announces Second Quarterly Base Dividend of $0.32 Per Share, Special Dividend of $0.16 Per Share and First Quarter Supplemental Dividend of $0.05 Per Share |
NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended March 31, 2025 was $0.42. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment income per share w. |
businesswire.com |
2025-05-08 20:51:00 |
Czytaj oryginał (ang.) |
| Barings BDC, Inc. Reports First Quarter 2025 Results and Announces Quarterly Cash Dividend of $0.26 Per Share |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the first quarter of 2025 and announced that the Company's Board of Directors (the “Board”) declared a quarterly cash dividend of $0.26 per share. Highlights Three Months Ended Three Months Ended Income Statement March 31, 2025 December 31, 2024 (dollars in millions, except per share data) Total Amount Per Share(1) Total Amount Per Share(2) N. |
businesswire.com |
2025-05-08 20:15:00 |
Czytaj oryginał (ang.) |
| Blue Owl Capital: Buy This BDC For 10%+ Yield And A Discount To NAV |
The Fed's expected rate cuts will make companies trading at a discount to NAV with high yields, like OBDC, more attractive. OBDC's merger with OBDE enhances its portfolio, operational savings, and NII, positioning it for strong future performance despite recent share declines. OBDC's substantial NII and trading at a -9.45% discount to NAV offer a compelling investment opportunity with a 12.55% dividend yield. |
seekingalpha.com |
2025-05-08 14:15:00 |
Czytaj oryginał (ang.) |
| Sixth Street Specialty Lending: A BDC Worthy Of Your Capital |
Trump's tariffs have escalated into a U.S.-China trade war, creating a riskier environment for BDCs, likely impacting their portfolio performance. TSLX's strong portfolio, focused on first-lien debt and diversified investments, positions it well to handle economic downturns and non-accruals. TSLX's internal performance ratings are outstanding, with 94.5% of the portfolio raising no concerns and non-accruals at a manageable 1.2%. |
seekingalpha.com |
2025-05-08 12:30:00 |
Czytaj oryginał (ang.) |
| TriplePoint Venture Growth BDC Corp. Announces First Quarter 2025 Financial Results |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the first quarter ended March 31, 2025 and the declaration by its Board of Directors of its second quarter 2025 distribution of $0.30 per share. First Quarter 202. |
businesswire.com |
2025-05-07 20:15:00 |
Czytaj oryginał (ang.) |
| Goldman Sachs BDC, Inc. Reports December 31, 2024 Financial Results and Announces Quarterly Dividend of $0.32 Per Share |
NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GSBD”, the “Company”, “we”, “us”, or “our”) (NYSE: GSBD) today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. QUARTERLY HIGHLIGHTS Net investment income per share for the quarter ended December 31, 2024 was $0.48. Excluding purchase discount amortization per share of $0.01 from the Merger (as defined below), adjusted net investment in. |
businesswire.com |
2025-02-27 19:59:00 |
Czytaj oryginał (ang.) |
| Belden Declares Quarterly Dividend |
ST. LOUIS--(BUSINESS WIRE)--The Board of Directors of Belden Inc. (NYSE: BDC) today declared a quarterly dividend to holders of common stock of $0.05 per share payable on April 10, 2025, to shareholders of record as of March 13, 2025. About Belden Belden Inc. delivers complete connection solutions that unlock untold possibilities for our customers, their customers and the world. We advance ideas and technologies that enable a safer, smarter and more prosperous future. Throughout our 120+ year h. |
businesswire.com |
2025-02-27 18:05:00 |
Czytaj oryginał (ang.) |
| BDC Investors Beware: 3 Major Risks You Can't Ignore Right Now |
BDCs have been soaring, but cracks are starting to show—here's what investors need to watch out for. We discuss why most BDCs are not worth buying now. One BDC stands out as a strong buy—find out which name offers value, safety, and sustainable dividends. |
seekingalpha.com |
2025-02-25 13:00:00 |
Czytaj oryginał (ang.) |
| 1 BDC And 1 MLP That Just Have To Be Put In Your Income Portfolio |
BDCs and MLPs offer high yields for passive income strategies, but recent price increases have made many fairly priced or even overvalued. Yet, there are exceptions to be found. In this article I share two picks: 1 BDC and MLP that offer enticing yields in combination with solid price to value ratios. |
seekingalpha.com |
2025-02-25 11:15:00 |
Czytaj oryginał (ang.) |
| My BDC Portfolio To Beat The Index And Generate Durable Income |
In this article I have elaborated on my actual BDC portfolio. The objective of this portfolio is to beat the BDC-specific indices/ETFs and capture durable base dividends. The portfolio is optimized across leverage, dividend coverage, yield, and valuation levers. |
seekingalpha.com |
2025-02-24 11:15:00 |
Czytaj oryginał (ang.) |
| Ares Capital: Another Strong Quarter For This Upper Middle-Market BDC |
Ares Capital delivered a solid 3.3% total NAV return, trades at an 8.25% dividend yield, and has a core earnings yield of 9.4%. The NAV rose to a record $19.89, marking the seventh consecutive quarterly rise, driven by retained income and unrealized appreciation. ARCC's portfolio is highly diversified with 535 companies, focusing on larger firms, and recently acquiring Riverside Credit Solutions to balance lending. |
seekingalpha.com |
2025-02-23 07:31:52 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Few Worries About MSDL Share Cap Raise |
We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs saw a strong 2% gain, driven by solid earnings and hot inflation numbers, with CGBD underperforming due to a BOA rating cut. Morgan Stanley Direct Lending Fund seeks shareholder approval to increase shares significantly, a common practice among BDCs with minimal dilution concerns. |
seekingalpha.com |
2025-02-22 08:31:28 |
Czytaj oryginał (ang.) |
| Crescent Capital BDC, Inc. Reports Fourth Quarter 2024 Earnings Results; Declares a First Quarter Base Dividend of $0.42 Per Share and Series of Special Dividends |
LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC” or “Company”) (NASDAQ: CCAP) today reported net investment income of $2.40 per share and net income of $1.99 per share for the year ended December 31, 2024. For the quarter ended December 31, 2024, net investment income and net income per share were $0.55 and $0.27, respectively. Reported net asset value (NAV) per share was $19.98 at December 31, 2024. The Company announced that its Board of Directors (the “Board”) declared a first quarter 2025 regular cash dividend of $0.42 per share to stockholders of record as of March 31, 2025, payable on April 15, 2025, and a series of special cash dividends related to undistributed taxable income in the aggregate amount of $0.15 per share, to be paid in three equal quarterly installments of $0.05 per share.1 |
globenewswire.com |
2025-02-19 18:30:00 |
Czytaj oryginał (ang.) |
| TriplePoint Venture Growth BDC Corp. to Announce 2024 Fourth Quarter and Fiscal Year Financial Results on Wednesday, March 5, 2025 |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its fourth quarter and fiscal year ended December 31, 2024 after market-close on Wednesday, March 5, 2025. James P. Labe, chief executive officer and chairman of the board, Saj. |
businesswire.com |
2025-02-19 18:15:00 |
Czytaj oryginał (ang.) |
| Golub Capital: A Solid Result From This Consistent BDC |
Golub Capital BDC delivered a solid quarter with a 2.8% total NAV return. It trades at a 10% dividend yield and a 3% premium to NAV. The company's portfolio is well-diversified with 386 positions, primarily in floating-rate first-lien loans; it is focused on the software and healthcare sectors. Despite a 17% drop in adjusted net investment income, the decline was less than 5% after adjusting for non-repeatable items; no supplemental dividend was declared. |
seekingalpha.com |
2025-02-19 14:33:15 |
Czytaj oryginał (ang.) |
| My Dividend Stock Portfolio: New January Dividend Record - 100 Holdings With 14 Buys |
January saw solid investment activity with $1,500 in net capital added, primarily into Business Development Companies like Owl Rock Capital, Goldman Sachs BDC, and Blackstone Secured Lending Fund. Dividend income hit a record $814 in January, up 21% Y/Y, driven by ongoing investments in high-yield BDCs, aiming for $11,000 annual net dividends. Focus on maintaining steady BDC dividends and achieving a monthly increase of $100 in dividend income. |
seekingalpha.com |
2025-02-19 10:10:00 |
Czytaj oryginał (ang.) |
| PennantPark Investment: My Highest Conviction No-Go In The BDC Space |
PennantPark Investment trades at a discount of ~5%. While the discount certainly makes the entry point interesting, the real question is whether the discount is enough to justify the risks. Looking at the underlying fundamentals, I don't see this to be a case. |
seekingalpha.com |
2025-02-18 11:15:00 |
Czytaj oryginał (ang.) |
| My Dividend Horse BDC Yields 8%: Ares Capital |
Ares Capital is one of my oldest holdings – ARCC provides massive income and strong total returns. The value you unlock from your holdings over time can massively outweigh the price you pay to buy shares. The mistake many make is being too short-sighted. |
seekingalpha.com |
2025-02-15 12:30:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Markets Care More About Income |
We take a look at the action in business development companies through the first week of February and highlight some of the key themes we are watching. BDCs underperformed this week with a total return of around -1%, diverging from other income sectors buoyed by rising Treasuries. Market reaction to earnings highlights a focus on income over total NAV return, as seen with ARCC and GBDC's recent performance. |
seekingalpha.com |
2025-02-14 23:58:44 |
Czytaj oryginał (ang.) |
| Why 8%-Yielding Ares Capital Corporation Is Arguably The Most Expensive BDC |
Ares Capital boasts impressive long-term total returns and consistent NAV per share growth, outperforming the broader BDC sector and the S&P 500. Despite ARCC's strong performance, we think it is significantly overvalued right now. We share four reasons why it is arguably the most expensive BDC right now. |
seekingalpha.com |
2025-02-11 09:05:00 |
Czytaj oryginał (ang.) |
| Hercules Capital: Hybrid Strategy Crafts A BDC Winner |
Hercules Capital brings a conservative yet flexible BDC strategy and a focus on innovative companies as dealmaking targets. The leadership team boasts extensive and varied financial experience. Its track record should create confidence for investors. Hercules' business strategy is based on a selective approach to dealmaking, consistent liquidity maintenance and flexible loan structuring fit to target company situations. |
seekingalpha.com |
2025-02-10 12:56:14 |
Czytaj oryginał (ang.) |
| Why BDCs Is My Favorite Sector To Invest For Durable Income |
The BDC segment is my favorite area to invest for high and durable income. In fact, my highest-conviction investment is a BDC. In this article, I discuss several structural reasons why, in my view, BDCs just have to be integrated into income-oriented portfolios. Plus, I provide 12 points to focus on when investing in BDCs for maximized income, protected downside and sustainable growth. |
seekingalpha.com |
2025-02-09 11:15:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: The IMF Wants To Look At PIK |
We take a look at the action in business development companies through the last week of January and highlight some of the key themes we are watching. BDCs had a strong January, with a nearly 5% average return, supported by an unwinding of expected rate cuts and positive market tone. The IMF will be scrutinizing PIK loans for potential financial stability risks. |
seekingalpha.com |
2025-02-08 01:56:07 |
Czytaj oryginał (ang.) |
| Belden Inc. (BDC) Q4 2024 Earnings Call Transcript |
Belden Inc. (NYSE:BDC ) Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Aaron Reddington – Investor Relations Ashish Chand – President and Chief Executive Officer Jeremy Parks – Senior Vice President and Chief Financial Officer Conference Call Participants Mark Delaney – Goldman Sachs Steven Fox – Fox Advisors William Stein – Truist Securities Rob Jamieson – Vertical Research Partners Operator Ladies and gentlemen, thank you for standing by. Welcome to this morning's Belden Report Fourth Quarter 2024 Results. |
seekingalpha.com |
2025-02-06 12:37:16 |
Czytaj oryginał (ang.) |
| Belden (BDC) Tops Q4 Earnings and Revenue Estimates |
Belden (BDC) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.46 per share a year ago. |
zacks.com |
2025-02-06 11:40:20 |
Czytaj oryginał (ang.) |
| Dividend Cut Alert: 1 REIT And 1 BDC With Unsustainable Yields |
REITs and BDCs are solid asset classes through which to facilitate income-oriented strategies. However, investors have to be still careful of not assuming excessive risks that might lead to unexpected dividend cuts. In this article, I share two high-yielding picks, where, in my view, the chances are high for experiencing a dividend cut in the foreseeable future. |
seekingalpha.com |
2025-01-01 11:15:00 |
Czytaj oryginał (ang.) |
| TriplePoint Venture Growth: The Tide May Have Turned (Upgrade) |
TriplePoint Venture Growth BDC had a challenging 2024, with a high non-accrual ratio and significant realized losses impacting its stock value and net asset value. Despite these issues, recent improvements in non-accruals and a dividend reset have provided some relief, making TPVG a potential buying opportunity. The tech-focused BDC sector, including competitors like Hercules Capital and Horizon Technology Finance, benefits from a strong capital markets environment, enhancing equity-driven returns. |
seekingalpha.com |
2024-12-31 13:16:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Private Credit Will Be $40 Trillion In 5 Years, Says Apollo |
BDC Weekly Review: Private Credit Will Be $40 Trillion In 5 Years, Says Apollo |
seekingalpha.com |
2024-12-28 23:50:00 |
Czytaj oryginał (ang.) |
| Barings BDC: Improving Performance Could Close Valuation Gap |
We take a look at the Q3 numbers from the Barings BDC. Barings BDC trades at a 14% discount to book, offers a 10.6% dividend yield, and has a stable NAV over the last few years. Net investment income fell 9% year-over-year, but dividend coverage remains strong at 110%. |
seekingalpha.com |
2024-12-28 02:32:57 |
Czytaj oryginał (ang.) |
| KBRA Assigns Rating to Crescent Capital BDC, Inc.'s $115 Million Senior Unsecured Notes Due 2028 and 2030 |
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to Crescent Capital BDC, Inc.'s (“CCAP” or “the company”) $115 million senior unsecured notes due in 2028 and 2030. The notes comprise a $35 million, 6.77% tranche and an $80 million, 6.90% tranche with maturities of February 18, 2028, and February 18, 2030, respectively. The rating Outlook is Positive. The notes are being issued in anticipation of 2026 unsecured note maturities. Key Credit Considerations The rating and Positive Outlook a. |
businesswire.com |
2024-12-27 12:24:00 |
Czytaj oryginał (ang.) |
| Hercules Capital: A Magnificent BDC Gem |
Hercules Capital's premium to NAV is justified by its strong two-decade performance, technology focus, and potential for record-breaking growth in 2025. The BDC's high recurring interest income and supplemental dividends make it a reliable choice for passive income investors. Hercules Capital's technology-oriented investments, including equity stakes in successful companies, offer significant long-term upside potential. |
seekingalpha.com |
2024-12-25 01:58:42 |
Czytaj oryginał (ang.) |
| Palmer Square Capital BDC Announces Fourth Quarter 2024 Supplemental Dividend of $0.06 |
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Board of Directors has declared a fourth quarter 2024 supplemental dividend of $0.06 per share. Shareholders of record as of December 27, 2024, will receive the supplemental dividend, payable on January 13, 2025. The supplemental dividend will be paid out of the excess of the Company's quarterly undistr. |
businesswire.com |
2024-12-23 10:30:00 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Two Key Themes Persist |
We take a look at the action in business development companies through the second week of December and highlight some of the key themes we are watching. BDCs were flat this week with CSWC and PSEC underperforming; average valuations have risen slightly above the 5-year average. Continuing themes in the BDC sector include performance persistence and valuation compression. |
seekingalpha.com |
2024-12-21 13:30:00 |
Czytaj oryginał (ang.) |
| Goldman Sachs BDC: This Is Not A BDC You Want To Have Now |
In December 2023, I issued my first relatively bearish article on GSBD. The argument was that GSBD lacked the financial firepower to grow. Since then, GSBD has underperformed the BDC market by ~20%. |
seekingalpha.com |
2024-12-21 11:15:00 |
Czytaj oryginał (ang.) |
| Fidus Investment: Who's Buying This 8.4% Yielding BDC? |
Fidus Investment offers an attractive 8.4% forward yield with supplemental dividends, making it a solid choice for income-focused investors despite lacking upside catalysts. The BDC's portfolio value crossed $1 billion, showing impressive growth and strong first-lien debt exposure, ensuring portfolio quality and safety. FDUS has maintained dividend safety with lower leverage, ample liquidity, and spillover income, despite a challenging economic backdrop and declining interest rates. |
seekingalpha.com |
2024-12-20 09:00:00 |
Czytaj oryginał (ang.) |
| TriplePoint Venture Growth BDC Corp. Names Mike L. Wilhelms as Chief Financial Officer |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company” or “TPVG”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced the appointment of Mike L. Wilhelms as Chief Financial Officer (CFO) of the Company, effective as of January 6, 2025. Mr. Wilhelms will also serve as CFO of TriplePoint Capital LLC (TPC), TPVG's sponsor, an. |
businesswire.com |
2024-12-18 18:15:00 |
Czytaj oryginał (ang.) |
| Belden price target raised to $148 from $136 at Truist |
Truist raised the firm's price target on Belden to $148 from $136 and keeps a Buy rating on the shares. The firm reiterated a cautious semiconductor and artificial intelligence sector view, but is more constructive on Nvidia (NVDA) and Monolithic Power (MPWR) while more cautious on Tesla (TSLA). A new analysis suggests we may have additional downward pressure to estimates, the analyst tells investors in a research note. |
https://thefly.com |
2024-12-16 15:12:20 |
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| BDC Weekly Review: BDCs Have Overcome The August Dip |
We take a look at the action in business development companies through the first week of December and highlight some of the key themes we are watching. BDCs experienced a slight decline this week, but are up nearly 10% year-to-date. Wrapping up Q3 earnings: WHF had a -2% total NAV return with rising non-accruals, while BXSL posted a strong 3.2% total NAV return. |
seekingalpha.com |
2024-12-13 23:51:03 |
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| Oaktree Specialty Lending: 14% Yield, Trading At 89 Cents On The Dollar |
Oaktree Specialty Lending reported a $0.01 per share miss in net investment income for Q4, but the BDC managed to support its dividend with NII. Despite rising non-accrual percentages, the BDC's change in management fee structure is a positive. OCSL's first-lien strategy, with 82% of funds in senior secured first liens, supports its reputation as a stable dividend payer. |
seekingalpha.com |
2024-12-13 02:29:43 |
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| Here's Why Momentum in Belden (BDC) Should Keep going |
Belden (BDC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. |
zacks.com |
2024-12-12 11:50:15 |
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| Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding |
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsustainable yields, which are abundant in the inherently risky sector. In this article, I share a BDC portfolio that has ~10.5% yield, healthier fundamentals than the average in the space, and, importantly, meaningful price appreciation potential. |
seekingalpha.com |
2024-12-11 11:15:00 |
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| Nuveen Churchill Direct Lending: 10.5% Yielding BDC In Our Buy Zone |
Nuveen Churchill Direct Lending is a newly IPO'd BDC with strong fundamentals, trading at a 4.3% discount to NAV. NCDL boasts a diversified portfolio, heavily weighted towards first-lien loans (90.6%), positioning it well for economic volatility. Solid balance sheet with no near-term debt maturities and a leverage ratio below the sector median, indicating potential for growth. |
seekingalpha.com |
2024-12-08 19:00:00 |
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| Kayne Anderson: Defensive BDC Overlooked By The Market |
KBDC offers a solid 9.6% regular yield, with strong dividend coverage and low non-accruals at 1%, making it a defensive BDC. The portfolio is highly diversified, focused on first-lien senior secured debt, ensuring high repayment priority supported by low borrower/industry concentration risk. Despite sensitivity to interest rate changes, KBDC's dividend coverage remains robust unless rates drop by 175 bps, which is highly unlikely in the near term. |
seekingalpha.com |
2024-12-08 03:11:55 |
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| Is Belden (BDC) Outperforming Other Industrial Products Stocks This Year? |
Here is how Belden (BDC) and DXP Enterprises (DXPE) have performed compared to their sector so far this year. |
zacks.com |
2024-12-06 12:41:13 |
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| Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Fourth Quarter 2024 |
NEW YORK, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company's board of directors has declared a cash dividend of $0.34 per share for the quarter ending December 31, 2024, which represents a 36% increase from the $0.25 per share dividend for the quarter ended September 30, 2024. |
globenewswire.com |
2024-12-06 09:00:00 |
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