Kayne Anderson BDC, Inc. (NYSE:KBDC – Get Free Report) declared a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, June 30th will be paid a dividend of 0.40 per share on Thursday, July 16th. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date is Tuesday, June 30th.
Kayne Anderson BDC Stock Performance
Shares of KBDC opened at $13.83 on Friday. Kayne Anderson BDC has a 52 week low of $13.06 and a 52 week high of $16.28. The stock has a market cap of $917.62 million, a price-to-earnings ratio of 10.80 and a beta of 0.25. The business has a 50-day simple moving average of $14.48 and a two-hundred day simple moving average of $14.35. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.04.
Kayne Anderson BDC (NYSE:KBDC – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. Kayne Anderson BDC had a net margin of 37.30% and a return on equity of 10.47%. The business had revenue of $24.86 million for the quarter, compared to the consensus estimate of $52.40 million. On average, analysts expect that Kayne Anderson BDC will post 1.62 EPS for the current year.
Kayne Anderson BDC Company Profile
Kayne Anderson BDC, Inc (NYSE: KBDC) is a closed-end, non-diversified management investment company structured as a business development company under the Investment Company Act of 1940. The firm focuses on providing bespoke financing solutions to U.S. middle-market companies, offering first-lien and second-lien secured loans, unitranche facilities, mezzanine debt and selected equity co-investments. KBDC targets businesses with EBITDA profiles generally ranging from $10 million to $100 million, aiming to generate attractive income and potential capital appreciation for shareholders.
The company’s portfolio spans a variety of sectors, including healthcare, technology, energy services, consumer products and industrials.
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