Barings Bdc Inc Stock Price, News & Analysis

Barings BDC (NYSE: BBDC) reported its Q1 2021 results, highlighting a net investment income of $14.4 million, or $0.22 per share, up from $9.2 million, or $0.19 per share, in Q4 2020. The Board declared a quarterly cash dividend of $0.20 per share, payable on June 16, 2021. Total investment income reached $30.6 million, and the net asset value per share increased to $11.14 from $10.99. The company’s portfolio expanded, with total assets at $1.73 billion as of March 31, 2021.

Barings BDC, Inc. (NYSE: BBDC) will hold a conference call on May 7, 2021, at 9:00 a.m. ET to discuss its first quarter 2021 financial results. Investors can listen in by dialing 877-407-8831 or 201-493-6736. A replay will be available two hours post-call until May 21, 2021. The call can also be accessed via a live webcast on the company’s investor relations website. Barings BDC primarily invests in senior secured loans in middle-market companies across various industries, managed by Barings LLC, which has over $345 billion in assets under management as of December 31, 2020.

Barings BDC reported financial results for Q4 and full year 2020 on March 23, 2021. In Q4, net investment income was $9.2 million ($0.19 per share) and total investment income reached $19.9 million. The company faced net realized losses of $1.0 million but achieved net unrealized appreciation of $17.0 million. As of December 31, 2020, the net asset value per share slightly increased to $10.99. The total investment portfolio value rose to $1.5 billion due to strong originations. Additionally, Barings BDC executed the acquisition of MVC Capital, further diversifying its assets.

Barings BDC, Inc. (BBDC) announced a quarterly cash dividend of $0.19 per share for Q1 2021, payable on March 17, 2021. Preliminary Q4 2020 results show estimated net investment income of $0.19 per share and a net increase in net assets of $0.44 - $0.46. The company reported a strong investment pipeline with $528 million in new middle-market commitments and an estimated investment portfolio value of $1.5 billion. A conference call is scheduled for March 24, 2021 to discuss these results.

Barings BDC, Inc. (NYSE: BBDC) has successfully completed its merger with MVC Capital, Inc. The combined entity will manage over $1.5 billion in assets. MVC Capital shareholders will receive 0.9790836 shares of Barings BDC along with approximately $0.39492 in cash for each share held. Post-merger, Barings LLC has reduced its management fee from 1.375% to 1.250%. Additionally, Barings BDC will initiate a $15 million share repurchase program. The merger will also lead to the redemption of $95 million in MVC Capital's senior notes due 2022.

Barings BDC reported its Q3 2020 financial results, highlighting a quarterly cash dividend of $0.17 per share, up from $0.16 in Q2. The company recorded net investment income of $8.0 million, a net increase in net assets of $43.2 million, and net unrealized appreciation of $55.9 million. The net asset value (NAV) per share rose to $10.97. Barings made new investments totaling $127.3 million while selling loans that resulted in a net realized loss of $18.4 million.

Barings BDC, Inc. (NYSE: BBDC) has scheduled a conference call for November 10, 2020, at 9:00 a.m. ET to discuss its third quarter 2020 financial and operating results. Investors can participate by dialing in 10 minutes prior to the call or via a live webcast on its investor relations website. A replay will be available two hours after the call, lasting until November 24, 2020. Barings BDC primarily invests in senior secured loans to U.S. middle-market companies across various industries.

Barings BDC, Inc. (NYSE: BBDC) reported second-quarter 2020 results on August 5, 2020, announcing a quarterly cash dividend of $0.16 per share. The Company achieved net investment income of $6.5 million and net increase in net assets from operations of $54.7 million. As of June 30, 2020, the net asset value (NAV) per share increased to $10.23 from $9.23 in the prior quarter. The Company successfully strengthened its balance sheet, reducing debt-to-equity ratio to 1.16x and reported total investment income of $16.1 million.

Barings BDC, Inc. (NYSE: BBDC) has scheduled a conference call for August 6, 2020, at 9:00 a.m. ET to discuss its second quarter 2020 financial and operating results. Participants can dial in starting 10 minutes before the call, with a replay available until August 20, 2020. The call will also be streamed live via webcast on the company's investor relations website. Barings BDC focuses on investing in senior secured loans to U.S. middle-market companies across various industries, managed by Barings LLC, which oversees over $327 billion in assets.