Quarterly ResultMay 7, 2026, 04:27 PM
Barings BDC Q1 Net Investment Income $25.9M; Declares $0.26 Dividend
AI Summary
Barings BDC, Inc. reported its first-quarter 2026 financial results, with net investment income of $25.9 million ($0.25 per share) and a net increase in net assets from operations of $20.0 million ($0.19 per share). The company's Board of Directors declared a quarterly cash dividend of $0.26 per share. Additionally, stockholders re-elected three Class II directors at the 2026 Annual Meeting, and a new 12-month share repurchase program of up to $30.0 million was authorized.
Key Highlights
- Net investment income for Q1 2026 was $25.9 million, or $0.25 per share.
- Net increase in net assets from operations was $20.0 million, or $0.19 per share.
- NAV per share as of March 31, 2026, was $11.02, down from $11.09 on December 31, 2025.
- Board declared a quarterly cash dividend of $0.26 per share, payable June 10, 2026.
- Authorized a new 12-month share repurchase program for up to $30.0 million of common stock.
- Three Class II directors were re-elected at the Annual Meeting on May 7, 2026.
- Investment portfolio at fair value was $2,370.0 million as of March 31, 2026.
- Weighted average yield on performing debt investments was 9.4% as of March 31, 2026.