---
schema_version: "secwatch.filing_event.v1"
accession: "0001379785-23-000010"
form_type: "8-K"
ticker: "BBDC"
cik: "0001379785"
company_name: "Barings BDC, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:15:17.858168+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Barings BDC Q4 NII $0.34/sh, dividend raised to $0.25, new $30M buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0001379785-23-000010
- form_type: 8-K
- ticker: BBDC
- cik: 0001379785
- company_name: Barings BDC, Inc.
- filed_at: 2023-02-23T23:59:59+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/1379785/000137978523000010/0001379785-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379785/000137978523000010/bbdc-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001379785-23-000010
- JSON: https://secwatch.observer/filing/0001379785-23-000010.json
- Plain text: https://secwatch.observer/filing/0001379785-23-000010.txt

## Key facts
- Earnings Releases
  Barings BDC, Inc. reported financial results for quarter and year ended December 31, 2022.
  - Period: quarter and year ended December 31, 2022
  - Result: reported results
  source text: On February 23, 2023, Barings BDC, Inc. (the “Company” or “Barings BDC”) issued a press release announcing its financial results for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1379785/000137978523000010/0001379785-23-000010-index.htm

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