{"schema_version":"secwatch.filing_event.v1","accession":"0001379785-26-000008","form_type":"8-K","ticker":"BBDC","cik":"0001379785","company_name":"Barings BDC, Inc.","filed_at":"2026-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.951774+00:00","generated_at":"2026-05-16T01:41:39.621654+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Barings BDC Q4 NII $28M ($0.27/shr), portfolio yield 9.5%; declares $0.26 dividend","bullets":["Q4 net investment income $28.0M ($0.27/shr), down from $33.6M ($0.32/shr) in Q3 2025.","Full year 2025 NII $117.8M ($1.12/shr); net increase in net assets $101.9M ($0.97/shr).","Portfolio yield on performing debt investments 9.5% at Dec 31, 2025 vs 9.8% at Sep 30, 2025.","Board declares quarterly cash dividend of $0.26 per share (unchanged); no special dividend this quarter.","Net asset value per share $11.09, down from $11.29 a year ago and $11.10 at Sep 30, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001379785-26-000008","json":"https://secwatch.observer/filing/0001379785-26-000008.json","markdown":"https://secwatch.observer/filing/0001379785-26-000008.md","text":"https://secwatch.observer/filing/0001379785-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1379785/000137978526000008/0001379785-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1379785/000137978526000008/bbdc-20260219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:41:39.621654+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"}