earnings
confidence high
sentiment neutral
materiality 0.55
Barings BDC Q2 NII $0.40/share ($42.1M); declares $0.26 dividend; NAV $11.36
Barings BDC, Inc.
2024-Q2 EPS reported
$0.67
- Net investment income $42.1M ($0.40/share) in Q2 2024, up from $29.4M ($0.28/share) in Q1 2024.
- Board declared $0.26/share quarterly cash dividend; record date Sept 4, payable Sept 11, 2024.
- NAV per share $11.36 (down $0.08 from Q1); investment portfolio at fair value $2.4B.
- Weighted average yield on performing debt 10.9% vs 10.7% in Q1; debt-to-equity ratio 1.14x.
- After quarter end, made $45.6M of new investments, primarily first lien senior secured at 10.7% yield.