BBDC Stock Recent News

We take a look at BDC BBDC, which trades at a 16% discount to book with a 10.8% dividend yield and 11.6% net investment income yield. BBDC has performed in line with the sector over the last few years. BBDC offers a margin of safety with a market-performing portfolio and a significantly lower than average valuation.

Barings BDC remains an attractive investment with strong fundamentals and performance. They are one of the few high-quality BDCs trading below their NAV with a 20% discount currently. Strong credit quality, NAV growth, and share buybacks make Barings BDC a buy despite risks investing in smaller companies.

We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. Rules of thumb about rising rates driving poor BDC performance has not panned out. We highlight the SAR dividend raise and GAIN valuation.

The BDC industry is growing rapidly, with assets under management hitting a record high, and publicly traded BDCs are well-positioned for growth opportunities. Barings BDC has compelling key metrics, including low non-accruals, strong portfolio credit quality, and a high net asset value, supporting a buy thesis. Its dividends are likely to increase in 2024 due to its potential to generate higher NII than dividends.

Barings BDC (BBDC) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.25 per share a year ago.

Despite Berkshire Hathaway not paying a dividend, its Top 5 holdings all pay one. In this article, I highlight 2 stocks that currently pay yields well above the market average. Barings BDC and Kimco Realty offer high dividend yields and discounted valuations compared to their historical norms.

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CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) announced today that it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the market closes. Barings BDC, Inc. has scheduled a conference call to discuss its first quarter 2024 financial results for Wednesday, May 8, 2024, at 9:00 a.m. ET. To listen to the call, please dial 877-407-8831 or 201-493-6736 approximately 10 minutes prior to the s.

Barings BDC has the potential to become a future superstar in the BDC sector with a strong balance sheet with no debt maturities until 2025. BBDC has a strong credit quality and avoids sectors prone to economic volatility. Their non-accruals are also low, which is a testament to their strong management team. The company has reported decent financials, strong dividend coverage, and repurchased a substantial amount of shares, taking advantage of the BDC's discount to NAV.

Weak asset quality, high rates and macroeconomic woes are likely to hurt Zacks SBIC & Commercial Finance industry players like Bain Capital (BCSF), Barings BDC (BBDC) and Crescent Capital (CCAP). Yet, decent financing demand across sectors is likely to aid.