earnings
confidence high
sentiment negative
materiality 0.75
GSBD Q1 NII $0.42/share, NAV down 1.6%; base dividend cut to $0.32
Goldman Sachs BDC, Inc.
2025-Q1 EPS reported
$0.27
- Q1 net investment income $49.6M ($0.42/share); adjusted $48.8M ($0.41); EPS $0.27.
- NAV per share $13.20, down from $13.41; ending net debt-to-equity 1.16x.
- Board reduced quarterly base dividend to $0.32 from $0.48; declared Q2 special $0.16 and Q1 supplemental $0.05.
- New investment commitments $87.8M; fundings $53.8M; sales/repayments $179.3M.
- Non-accrual at 1.9% of portfolio fair value (9 portfolio companies); two new non-accruals added.