Barings BDC, Inc. Stock News

We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG book ending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancin...

When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open.

I have been quite hesitant ongoing long BBDC since December 2023. Now, looking at the recent financials and significant discount, things have changed. Even though there are risks in the system, they do not increase the risk of a 10.5% dividend cut.

Barings BDC Inc (NYSE:BBDC ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Joe Mazzoli – Head of Investor Relations Eric Lloyd – Chief Executive Officer Matt Freund – President Elizabeth Murray – Chief Financial Officer Conference Call Participants Operator At this time, I would like to welcome everyone to Barings BDC, Inc. Conference Call for the Quarter End...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the third quarter of 2024 and announced that the Company's Board of Directors (the “Board”) declared a quarterly cash dividend of $0.26 per share. Highlights Income Statement Three Months Ended September 30, 2024 Three Months Ended June 30, 202...

Despite economic uncertainty and high inflation, dividend investing offers steady income, making high-yielding stocks like Barings BDC and Great Elm Capital Corp. attractive. Barings BDC, with a 10.9% yield, has improved credit quality, reduced debt, and boasts strong dividend coverage, making it a solid income choice. Great Elm Capital Corp., yielding 14.1%, has shown bottom-line growth, reduc...

24/7 Wall St. Insights: The seemingly endless political season is almost over It's possible we won't know the winner for a while Sit back and let dividends do the heavy lifting for a simple, steady path to serious wealth creation over time.

The investment environment for BDCs remains solid, but there are some clear risks, which call for extra caution. One of the ways to protect current income streams from BDC allocations is to focus on high dividend coverage level picks. I have identified Top 3 BDCs, which carry the highest dividend coverage levels in the sector (on average around 150%).