GBDC Stock Recent News

Golub Capital's current valuation is not compelling, trading at a slight premium to NAV despite ongoing NAV declines and a lack of unique advantages. Dividend yield is attractive at 11.4%, but coverage is just 100%, offering no margin of safety and below sector average sustainability. Portfolio yields are declining, refinancing risk is rising, and GBDC lacks the balance sheet flexibility or equity exposure of top peers.

Similar preferred shares trade at materially different prices. One of these preferred shares is surprisingly expensive. One of the best BDCs is nearing an incredibly rare threshold.

Key Points The bank consolidations caused by the 2008 subprime mortgage banking meltdown wound up favoring large corporations for ongoing business at the expense of smaller ones. The Business Development Company sector has filled the debt financing gap for small and medium sized businesses abandoned by the large banks after 2008. Due to BDC registration requirements for capital markets access, shareholders receive 90% of BDC profits, often resulting in double digit annual yields. It’s hard to believe, but today there are credit cards offering up to 6% cash back, $200 statement credits, $0 annual fees, travel rewards, and more. See for yourself, I couldn’t believe it at first. Frankly, with rewards this good we don’t expect them to be available forever. But if you sign up today you can secure some of the best rewards we’ve ever seen. Click here to get started. Prior to 2008, some of the more popular US banking institutions included: Lehman Brothers Bear Stearns Wachovia Bank Was

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter ended June 30, 2025 on Monday, August 4, 2025 after the close of the financial markets. Golub Capital BDC, Inc. will host an earnings conference call at 10:30 a.m. (Eastern Time) on Tuesday, August 5, 2025 to discuss its quarterly financial results. All interested parties may participate in the confe.

I love investing in dividend stocks. However, I have to be honest about the headwinds facing them right now. I share three reasons to avoid dividend stocks in H2 2025.

Many investors go for big yield with bigger risk. Barf. This report was recently sent to our members. We picked up shares with a 9.5% yield.

BDCs have been facing an increasingly unfavorable environment recently. However, Jerome Powell just gave a big gift to BDC investors. We discuss what this gift is and how it is impacting our view on the BDC sector.

I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced Dividend Dogs of the GASV are currently fair-priced and ready to buy for income investors. Top ten GASV stocks offer projected average net gains of 32.99% by June 2026, with yields ranging from 8.94% to 13.81%.

I maintain my 'Hold' rating on GBDC due to ongoing concerns about dividend sustainability, despite a recent improvement in the payout ratio to 100%. The cessation of special dividends reduced short-term risk, but the base dividend remains at risk if adjusted net investment income doesn't stabilize. GBDC's portfolio quality is average, with a low non-accrual ratio, but negative net funds growth and dilution from the merger weigh on per-share results.

BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of these that are often overlooked by investors.