---
schema_version: "secwatch.filing_event.v1"
accession: "0001379785-22-000024"
form_type: "8-K"
ticker: "BBDC"
cik: "0001379785"
company_name: "Barings BDC, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:29:52.536313+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barings BDC Q1 NII $0.23/shr, NAV $11.86, raises quarterly dividend to $0.24

## Summary
- 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.

## SEC filing metadata
- accession: 0001379785-22-000024
- form_type: 8-K
- ticker: BBDC
- cik: 0001379785
- company_name: Barings BDC, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1379785/000137978522000024/0001379785-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379785/000137978522000024/earnings8-k20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001379785-22-000024
- JSON: https://secwatch.observer/filing/0001379785-22-000024.json
- Plain text: https://secwatch.observer/filing/0001379785-22-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.