Kayne Anderson BDC, Inc. (NYSE:KBDC) Announces Quarterly Dividend of $0.40

Kayne Anderson BDC, Inc. (NYSE:KBDC) announced a quarterly dividend on Monday, November 10th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.40 per share on Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

Kayne Anderson BDC Stock Performance

Shares of KBDC opened at $14.33 on Tuesday. Kayne Anderson BDC has a 1 year low of $13.06 and a 1 year high of $17.99. The company’s 50 day simple moving average is $14.20 and its 200 day simple moving average is $15.16. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 8.48 and a beta of 0.17. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.45 and a current ratio of 1.45.

Kayne Anderson BDC (NYSE:KBDC) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. Kayne Anderson BDC had a return on equity of 10.90% and a net margin of 52.99%.The company had revenue of $61.37 million during the quarter, compared to the consensus estimate of $53.97 million. On average, sell-side analysts predict that Kayne Anderson BDC will post 2.06 EPS for the current year.

Kayne Anderson BDC Company Profile

Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.