earnings
confidence high
sentiment positive
materiality 0.55
BCSF Q4 2024 NII $0.52/share; declares $0.42 Q1 dividend plus $0.12 extra dividends for 2025
Bain Capital Specialty Finance, Inc.
2024-FY EPS reported
$1.85
- Q4 2024 NII $0.52/share (annualized NII yield 11.8% on book value); net income $0.34/share.
- NAV per share $17.65 (down from $17.76 prior quarter); total investment portfolio fair value $2.43B.
- Board declared Q1 2025 dividend of $0.42/share plus additional dividends of $0.12/share for 2025 ($0.03/quarter).
- On Feb 6, 2025, closed $350M offering of 5.950% unsecured notes due 2030; proceeds used to repay secured debt.
- Investments on non-accrual: 1.3% at cost and 0.2% at fair value as of Dec 31, 2024.