earnings
confidence high
sentiment positive
materiality 0.65
Crescent Capital BDC Q1 NII $0.63/share; NAV $20.28; raises quarterly dividend by $0.01
Crescent Capital BDC, Inc.
2024-Q1 EPS reported
$0.63
- Net investment income of $0.63/share vs $0.54/share in Q1 2023; net income $0.76/share.
- NAV per share increased to $20.28 from $20.04 at Dec 31, 2023.
- Regular quarterly dividend raised $0.01 to $0.42/share, payable July 15, 2024; supplemental $0.11/share.
- Investment income $50.4M, up 28% YoY; portfolio fair value $1.56B across 183 companies.
- Debt-to-equity 1.11x; $343.6M undrawn credit facility capacity; weighted average debt cost 6.97%.