Bain Capital Specialty Finance Inc (NYSE:BCSF) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.41 per share on Monday, July 29th. This represents a $1.64 annualized dividend and a yield of 8.64%. The ex-dividend date is Thursday, June 27th.

Bain Capital Specialty Finance has a dividend payout ratio of 92.1% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Bain Capital Specialty Finance to earn $1.85 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 88.6%.

Bain Capital Specialty Finance stock traded up $0.22 on Tuesday, hitting $18.98. The company’s stock had a trading volume of 5,473 shares, compared to its average volume of 120,095. The stock has a market capitalization of $981.35 million and a price-to-earnings ratio of 13.09. The firm has a fifty day simple moving average of $18.88. Bain Capital Specialty Finance has a one year low of $15.14 and a one year high of $20.90.

Bain Capital Specialty Finance (NYSE:BCSF) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). Bain Capital Specialty Finance had a net margin of 44.85% and a return on equity of 7.23%. The business had revenue of $39.89 million during the quarter, compared to the consensus estimate of $41.83 million. On average, research analysts forecast that Bain Capital Specialty Finance will post 1.73 EPS for the current fiscal year.

Several research firms have recently weighed in on BCSF. Zacks Investment Research raised shares of Bain Capital Specialty Finance from a “sell” rating to a “hold” rating in a report on Wednesday, May 15th. JMP Securities began coverage on shares of Bain Capital Specialty Finance in a report on Wednesday, April 24th. They issued a “market perform” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Bain Capital Specialty Finance currently has an average rating of “Buy” and an average target price of $20.25.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc operates as a business development company (BDC) specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.

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