Welcome to our dedicated page for Goldman Sachs news (Ticker: GSBD), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs stock.
Goldman Sachs BDC, Inc. (GSBD) is a New York Stock Exchange-listed specialty finance company that operates as a business development company under the Investment Company Act of 1940. It was formed by The Goldman Sachs Group, Inc. to invest primarily in U.S. middle-market companies through secured and unsecured debt and select equity positions. The GSBD news stream highlights how this investment strategy translates into quarterly performance, portfolio activity and capital decisions.
News updates for GSBD frequently center on quarterly and annual financial results, where the company reports total investment income, net investment income per share, net asset value per share and non-GAAP measures that adjust for a purchase discount related to a prior merger. These releases also summarize portfolio composition by instrument type, the number of portfolio companies and industries represented, and the percentage of investments on non-accrual status.
Another key theme in GSBD news is distribution policy and dividends. Press releases detail base quarterly dividends, supplemental dividends and special dividends, along with record and payment dates. The company has described a distribution framework that combines a base dividend with variable supplemental distributions tied to net investment income above a set level, subject to board approval.
Investors following GSBD news will also see coverage of capital structure developments, such as amendments to the senior secured revolving credit facility and the pricing and issuance of unsecured notes, including 5.650% notes due 2030. These items explain how the company manages its leverage, liquidity and funding costs. In addition, GSBD regularly announces the scheduling of earnings releases and conference calls, providing access details for telephone and webcast participation.
For those tracking GSBD, this news flow offers ongoing insight into portfolio performance, credit quality, dividend actions and financing decisions that shape the company’s risk and return profile over time.
Goldman Sachs BDC (NYSE: GSBD) has reported its Q4 2024 financial results, with net investment income of $0.48 per share and adjusted net investment income of $0.47 per share. The company's NAV decreased 1.0% to $13.41 from $13.54 in the previous quarter.
The investment portfolio, valued at $3,968.2 million, spans 164 portfolio companies across 39 industries, with 97.6% in senior secured debt. During Q4, gross originations were $173.0 million, with $102.5 million funded. The company's net debt-to-equity ratio stood at 1.17x.
Key announcements include:
- Reduction of base quarterly dividend to $0.32 per share
- Special dividend of $0.16 per share
- Permanent reduction of income-based incentive fee to 17.5%
- Authorization of two additional special dividends of $0.16 per share for next two quarters
Goldman Sachs BDC (NYSE: GSBD) has announced it will release its fourth quarter and fiscal year 2024 financial results after market close on Thursday, February 27, 2025. The company will host an earnings conference call on Friday, February 28, 2025 at 9:00 am Eastern Time.
The earnings call will be accessible via telephone and audio webcast through the Investor Resources section of GSBD's website. Listen-only participants can dial (800) 289-0459 (domestic) or +1 (929) 477-0443 (international) with Conference ID 427709. Q&A participants should use (866) 575-6539 (domestic) or +1 (929) 477-0448 (international) with Conference ID 6703057.
Goldman Sachs BDC reported Q3 2024 financial results with net investment income of $0.58 per share. The company's NAV per share decreased 1.0% to $13.54 from $13.67 in the previous quarter. Total investments at fair value were $4,017.5 million across 167 portfolio companies. The investment portfolio consisted of 97.6% senior secured debt. The company had gross originations of $376.6 million and declared a quarterly dividend of $0.45 per share. Total investment income was $110.4 million, up from $108.6 million in the previous quarter. The company's net debt-to-equity ratio stood at 1.16x.
Goldman Sachs BDC, Inc. (NYSE: GSBD) has announced its schedule for releasing third quarter 2024 financial results. The company will report its results for the quarter ended September 30, 2024, after market close on Thursday, November 7, 2024. Following this, GS BDC will host an earnings conference call on Friday, November 8, 2024, at 9:00 am Eastern Time to discuss the financial results.
Interested parties can participate via telephone or audio webcast, which will be available on the Investor Resources section of GS BDC's website. The company has provided separate dial-in numbers for listen-only callers and Q&A participants, both domestic and international. Participants are advised to dial in 10-15 minutes before the call starts. An archived replay of the call will be accessible through the company's website.
Goldman Sachs BDC (NYSE: GSBD) reported its Q2 2024 financial results, showing net investment income per share at $0.59 and an adjusted net investment income per share of $0.57. Earnings per share were $(0.47), with a 6% decrease in NAV per share to $13.67. Total investments at fair value were $3.998 billion, with a portfolio primarily comprised of senior secured debt (98%). Gross originations were $440 million, with net funded investment activity of $180.1 million. Two portfolio companies were placed on non-accrual status, representing 3.4% of the portfolio at fair value. The net debt-to-equity ratio increased to 1.19x. The Board declared a quarterly dividend of $0.45 per share, payable on October 28, 2024. During the quarter, GSBD raised approx. $69.2 million through share issuance. The total investment income decreased to $108.6 million, primarily due to investments on non-accrual status. Net realized and unrealized losses were $121.4 million.
Goldman Sachs BDC (NYSE: GSBD) announced it will report its financial results for the second quarter ending June 30, 2024, after the market closes on August 8, 2024. The company will host an earnings conference call the next day, August 9, 2024, at 9:00 am Eastern Time to discuss these results. Interested parties can participate via telephone or an audio webcast available on the Investor Resources section of the GS BDC website. Domestic listeners can dial (800) 289-0459, while international callers should use +1 (929) 477-0443, referencing conference ID 427709 for listen-only access. For Q&A participation, domestic callers can dial (866) 575-6539 and international callers can use +1 (929) 477-0448, referencing conference ID 2384559. An archived replay will be available on the same website link.
Goldman Sachs BDC, Inc. reported strong financial results for the first quarter of 2024, with net investment income per share of $0.55 and adjusted net investment income per share of $0.54. Earnings per share were $0.39, and the net asset value per share decreased slightly to $14.55. The company's investment portfolio comprised mainly of senior secured debt, with total investments at fair value and commitments amounting to $3,954.8 million. The Company also declared a quarterly dividend of $0.45 per share and closed a public offering of $400.0 million aggregate principal amount of unsecured notes due 2027. Despite some investments on non-accrual status, the Company's financial position remains strong.
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