earnings
confidence high
sentiment positive
materiality 0.65
BCSF Q2 NII $0.51/share, NAV $17.70 flat; announces $0.45 dividend
Bain Capital Specialty Finance, Inc.
2024-Q2 EPS reported
$1.00
- Net investment income $33.1M ($0.51/share); net income $29.1M ($0.45/share).
- NAV per share unchanged at $17.70; debt-to-equity improved to 1.03x (net 0.95x).
- Non-accruals declined to 1.2% of portfolio at amortized cost (vs 1.7% in Q1).
- Credit facility commitments increased to $855M and maturity extended to May 2029.
- Q3 2024 dividend of $0.42/share plus additional $0.03/share; payable Oct 31, 2024.