{"schema_version":"secwatch.filing_event.v1","accession":"0001379785-25-000009","form_type":"8-K","ticker":"BBDC","cik":"0001379785","company_name":"Barings BDC, Inc.","filed_at":"2025-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.481807+00:00","generated_at":"2026-05-26T08:24:40.107886+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Barings BDC Q4 NII $0.28/share; declares quarterly $0.26 and special $0.15 dividends","bullets":["Record full year NII $131.2M ($1.24/share); Q4 NII $29.5M ($0.28/share) exceeded quarterly dividend.","NAV per share $11.29 vs $11.32 prior qtr; non-accrual rate 0.3% of fair value.","Declared quarterly dividend $0.26/share and special dividends $0.15/share paid in 3 equal installments.","Board authorized new $30M share repurchase program for 12 months starting March 1, 2025.","Post-Q4 closed $49.9M new investments; weighted avg yield 9.5% on debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001379785-25-000009","json":"https://secwatch.observer/filing/0001379785-25-000009.json","markdown":"https://secwatch.observer/filing/0001379785-25-000009.md","text":"https://secwatch.observer/filing/0001379785-25-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1379785/000137978525000009/0001379785-25-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1379785/000137978525000009/bbdc-20250220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T08:24:40.107886+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}