NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (“GS BDC”) (NYSE: GSBD) announced today that it will report its first quarter ended March 31, 2025 financial results after the market closes on Thursday, May 8, 2025. GS BDC will also host an earnings conference call on Friday, May 9, 2025 at 9:00 am Eastern Time to discuss its financial results. All interested parties are invited to participat...
BDC dividend investors, who want to avoid seeing their portfolio current income streams shrink have to be extra careful when picking BDCs. Largely due to unfavorable sector-wide conditions, many BDCs have already cut their dividends (just as I predicted). In my view, there are many more in line.
Goldman Sachs BDC cut its base dividend by 29% due to high non-accruals and decreased net investment income, impacting income-dependent investors. Despite the dividend cut, GSBD remains attractive due to its discount to NAV and potential for performance improvement. GSBD's portfolio is highly collateralized with 97% First Lien investments, but higher non-accruals pose risks to net asset value a...
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base divide...
Goldman Sachs BDC stock is in a long-term downtrend, trading near all-time lows, signaling fundamental issues despite its high dividend yield. Declining net investment income has led to a significant dividend cut, further diminishing GSBD's attractiveness. The clumsy approach management took in announcing an extra special dividend in order to push higher the total dividend yield does not seem a...
Goldman Sachs BDC has revised its dividend policy and fee structure, reducing the regular dividend but adding supplemental dividends to maintain overall payouts. Despite a 29% "cut" in the regular dividend, the BDC will pay supplemental dividends. The BDC's non-accrual percentage has decreased slightly in Q4'24, but the dividend safety margin has been reduced due to underperforming investments.
Goldman Sachs BDC has underperformed despite a favorable interest rate environment, with a 35.26% decline and a recent 29% dividend cut. Structural changes, including a reduced incentive fee and a new dividend policy, offer flexibility but credit quality remains a concern. High non-accruals, declining NAV, and increased PIK income signal potential trouble, warranting caution for dividend invest...
Goldman Sachs BDC (NYSE:GSBD ) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants John Silas - IR Alex Chi - Co-CEO & Co-President David Miller - Co-CEO & Co-President Tucker Greene - COO Stanley Matuszewski - CFO & Treasurer Conference Call Participants Finian O'Shea - Wells Fargo Securities Robert Dodd - Raymond James Mark Hughes - Truist Derek Hewett - Bank of...
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