BBDC Stock Recent News

We take a look at the Q2 numbers from Barings BDC. The stock trades at a 12% discount to book and a 10.4% dividend yield. The company's portfolio quality remains fairly strong, with low non-accruals and modest net realized losses.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Business Development Companies or BDCs offer great financial characteristics for high income seeking investors. Lately, there has been a lot of chatter around BDCs struggling and experiencing negative results due to the weakening economy and lower interest rates. While this could be true for selected BDCs, it is a myth that the entire BDC sector will experience such consequences in a systematic manner.

Barings BDC, Inc. (NYSE:BBDC ) Q2 2024 Earnings Conference Call August 8, 2024 9:00 AM ET Company Participants Joe Mazzoli - Head, IR Eric Lloyd - CEO Matt Freund - President Elizabeth Murray - CFO Bryan High - Head, Global Private Finance, and Portfolio Manager Conference Call Participants Robert Dodd - Raymond James Finian O'shea - Wells Fargo Casey Alexander - Compass Point Operator At this time, I would like to welcome everyone to the Barings BDC, Inc. Conference Call for the Quarter Ended June 30, 2024. [Operator Instructions] Today's call is being recorded, and a replay will be available approximately 2 hours after the conclusion of the call on the company's website at www.baringsbdc.com under the Investor Relations section.

24/7 Insights Dividend stocks offer investors the opportunity to increase investment total return.

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.