Golub Capital BDC Inc. (NASDAQ:GBDC) declared a quarterly dividend on Thursday, November 17th. Shareholders of record on Monday, December 12th will be given a dividend of 0.32 per share by the investment management company on Thursday, December 29th. This represents a $1.28 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date is Thursday, December 8th.

Golub Capital BDC (NASDAQ:GBDC) opened at 18.42 on Friday. Golub Capital BDC has a 52-week low of $14.80 and a 52-week high of $19.76. The firm has a 50-day moving average price of $18.22 and a 200-day moving average price of $18.16. The company has a market cap of $977.29 million, a PE ratio of 13.04 and a beta of 0.61.

Golub Capital BDC (NASDAQ:GBDC) last posted its quarterly earnings results on Wednesday, November 16th. The investment management company reported $0.32 earnings per share for the quarter, hitting the consensus estimate of $0.32. The company earned $34.50 million during the quarter, compared to the consensus estimate of $32.71 million. Golub Capital BDC had a return on equity of 7.75% and a net margin of 57.18%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 EPS. On average, analysts forecast that Golub Capital BDC will post $1.28 EPS for the current year.

Dividend History for Golub Capital BDC (NASDAQ:GBDC)

Several hedge funds have recently added to or reduced their stakes in GBDC. California Public Employees Retirement System boosted its stake in Golub Capital BDC by 15.3% in the second quarter. California Public Employees Retirement System now owns 12,800 shares of the investment management company’s stock valued at $231,000 after buying an additional 1,700 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in Golub Capital BDC during the second quarter valued at $549,000. JPMorgan Chase & Co. boosted its stake in Golub Capital BDC by 349.0% in the second quarter. JPMorgan Chase & Co. now owns 15,770 shares of the investment management company’s stock valued at $285,000 after buying an additional 12,258 shares during the last quarter. BlackRock Group LTD boosted its stake in Golub Capital BDC by 14.6% in the second quarter. BlackRock Group LTD now owns 275,606 shares of the investment management company’s stock valued at $4,980,000 after buying an additional 35,048 shares during the last quarter. Finally, Atlantic Trust Group LLC boosted its stake in Golub Capital BDC by 14.9% in the second quarter. Atlantic Trust Group LLC now owns 32,690 shares of the investment management company’s stock valued at $591,000 after buying an additional 4,240 shares during the last quarter. 42.98% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on GBDC shares. Janney Montgomery Scott started coverage on Golub Capital BDC in a research note on Tuesday, September 20th. They set a “neutral” rating and a $18.00 price target for the company. Zacks Investment Research raised Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Wednesday, October 5th. National Securities began coverage on Golub Capital BDC in a report on Wednesday, November 2nd. They set a “neutral” rating and a $18.00 price objective on the stock. Finally, TheStreet raised Golub Capital BDC from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $17.88.

About Golub Capital BDC

Golub Capital BDC Inc is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured, one stop, second lien and subordinated loans of, and warrants and minority equity securities in, United States middle market companies.

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