secwatch.observer — SEC 8-K summary
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Issuer:     Barings BDC, Inc. (BBDC)
CIK:        0001379785
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001379785-26-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Barings BDC Q4 NII $28M ($0.27/shr), portfolio yield 9.5%; declares $0.26 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1379785/000137978526000008/0001379785-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1379785/000137978526000008/bbdc-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001379785-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer