earnings
confidence high
sentiment positive
materiality 0.75
Barings BDC Q1 NII $0.23/shr, NAV $11.86, raises quarterly dividend to $0.24
Barings BDC, Inc.
2022-FY EPS reported
$0.23
- Q1 2022 net investment income $19.0M ($0.23/shr); net increase in net assets $21.0M ($0.25/shr).
- NAV per share $11.86 as of Mar 31, 2022, up from $11.36 at Dec 31, 2021; partly from Sierra acquisition.
- Quarterly cash dividend raised 4% to $0.24/shr; payable June 15, 2022, record date June 8, 2022.
- Completed acquisition of Sierra Income Corp on Feb 25, 2022, adding $442.2M in investments; $100M credit support agreement.
- Post-quarter increased credit facility commitments to $1.1B from $965M; funded $141M in new investments.