earnings
confidence high
sentiment neutral
materiality 0.70
KBDC Q2 NII $0.40/share, NAV $16.37, declares Q3 dividend $0.40, invests $126M in SG Credit
Kayne Anderson BDC, Inc.
2025-Q2 EPS
reported $0.81
vs consensus $0.41
▲ beat
(+97.6%)
- Net investment income $28.7M ($0.40/share), unchanged QoQ; net increase in net assets $24.9M ($0.35/share).
- NAV per share $16.37, down $0.14 QoQ due to $0.10 special dividend and $0.06 unrealized losses.
- Declared Q3 regular dividend $0.40/share, payable Oct 16 to holders of record Sep 30.
- New private credit commitments $128.7M; portfolio 98% first lien, non-accruals 1.6%, yield 10.4%.
- Invested $126M in SG Credit (term loan, delayed draw, equity) for 22.5% stake; credit facility increased to $475M.
item 2.02item 7.01item 9.01