Kayne Anderson BDC, Inc. (KBDC) to Issue Quarterly Dividend of $0.40 on April 15th

Kayne Anderson BDC, Inc. (NYSE:KBDC) declared a quarterly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.40 per share on Tuesday, April 15th. This represents a $1.60 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date of this dividend is Monday, March 31st.

Kayne Anderson BDC Trading Down 1.2 %

Kayne Anderson BDC stock opened at $16.52 on Friday. Kayne Anderson BDC has a 12 month low of $15.69 and a 12 month high of $17.99. The stock has a fifty day simple moving average of $16.98 and a two-hundred day simple moving average of $16.61. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.36 and a quick ratio of 1.36.

Kayne Anderson BDC (NYSE:KBDC) last released its quarterly earnings data on Monday, March 3rd. The company reported $0.48 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.03). The business had revenue of $56.34 million during the quarter, compared to the consensus estimate of $53.01 million. Kayne Anderson BDC had a return on equity of 12.65% and a net margin of 59.80%. As a group, analysts expect 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.