earnings
confidence high
sentiment positive
materiality 0.70
Barings BDC Q2 NII $0.31/sh; NAV up 1.5% to $11.34; dividend raised to $0.26
Barings BDC, Inc.
2023-Q2 EPS reported
$0.57
- Net investment income $33.6M ($0.31/sh) vs $27.5M ($0.25/sh) in Q1 2023.
- NAV per share $11.34, up from $11.17 in Q1 on net unrealized appreciation of $55.1M.
- Quarterly cash dividend increased 4% to $0.26/sh; payable Sept 13, 2023.
- Portfolio yield 10.4% on performing debt investments; debt-to-equity 1.24x.
- Extended senior secured credit facility to Feb 2026; $30M share repurchase program active.