earnings
confidence high
sentiment positive
materiality 0.75
Barings BDC Q4 NII $0.34/sh, dividend raised to $0.25, new $30M buyback
Barings BDC, Inc.
2022-FY EPS reported
$1.12
- Q4 2022 net investment income $37.0M ($0.34/sh); full-year NII $115.7M ($1.12/sh).
- NAV per share $11.05 at Dec 31, 2022, down from $11.28 at Sep 30, 2022 due to unrealized depreciation.
- Quarterly cash dividend increased to $0.25/sh (from $0.24), payable March 15, 2023; record March 8, 2023.
- Board authorized new $30M share repurchase program for 12 months starting March 1, 2023.
- Weighted average yield on performing debt investments rose to 9.7% from 8.6% in prior quarter.