---
schema_version: "secwatch.filing_event.v1"
accession: "0001379785-24-000014"
form_type: "8-K"
ticker: "BBDC"
cik: "0001379785"
company_name: "Barings BDC, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T18:49:37.108425+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 $0.31/share, full-year $1.19; declares $0.26 dividend

## Summary
- Q4 net investment income $33.4M ($0.31/sh); total investment income $75.8M; net increase in net assets $29.9M ($0.28/sh).
- Full-year 2023 NII $127.8M ($1.19/sh); NAV per share rose to $11.28 from $11.05 a year ago.
- Quarterly cash dividend declared $0.26/sh, payable Mar 13, record Mar 6.
- Issued $300M senior unsecured notes at 7%, due 2029; net debt-to-equity improved to 1.15x.
- Board authorized new $30M share repurchase program (through Feb 2025); 1.85M shares already repurchased at avg $7.99.

## SEC filing metadata
- accession: 0001379785-24-000014
- form_type: 8-K
- ticker: BBDC
- cik: 0001379785
- company_name: Barings BDC, Inc.
- filed_at: 2024-02-22T23:59:59+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/1379785/000137978524000014/0001379785-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379785/000137978524000014/bbdc-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001379785-24-000014
- JSON: https://secwatch.observer/filing/0001379785-24-000014.json
- Plain text: https://secwatch.observer/filing/0001379785-24-000014.txt

## Key facts
- Earnings Releases
  Barings BDC, Inc. reported quarter and year ended December 31, 2023 results: net income net increase in net assets resulting from operations of $29.9 million, EPS $0.28.
  - Period: quarter and year ended December 31, 2023
  - Net income: net increase in net assets resulting from operations of $29.9 million
  - EPS: $0.28
  - Result: reported results
  source text: On February 22, 2024 , Barings BDC, Inc. (the “Company” or “Barings BDC”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1379785/000137978524000014/0001379785-24-000014-index.htm

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