BBDC Barings BDC, Inc.

Financial Services · Asset Management

7 · Fair Momentum 7.0 · Neutral At risk 6y streak

9.42

+0.32%

About the company

Barings BDC, Inc. is a publicly traded Real Estate, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. The firm prefers to invest in companies having maximum revenue of $200 million and having EBITDA value between $10 million and $75 million.

Website

11.04%

126.83%

1.04

986.3M

11.49

0.82

8.73

52-week range

9.42

low 7.96 high 9.92

Dividend deep dive

Barings BDC, Inc. (BBDC) operates in Asset Management within the Financial Services sector. The company's current dividend yield is 12.24%, which falls within its 5-year historical yield range of 7.84% to 13.23%. Valuation analysis suggests the stock is currently considered cheap, with a fair value of $26.64, representing a 213.4% difference from its current price of $8.50. Yield Theory indicates a "fair" valuation based on the current yield compared to its historical average.

Dividend history

Barings BDC, Inc. has a dividend growth streak of 6 consecutive years, earning it a 'Challenger' tier status within the CCC framework. The 3-year dividend compound annual growth rate (CAGR) stands at 8.91%, while the 5-year CAGR is 14.14%, implying a dividend doubling time of 5.1 years. The annual dividend per share has varied over time: $2.16 (2014), $2.36 (2015), $1.80 (2016), $1.80 (2017), $0.80 (2018), $0.54 (2019), $0.64 (2020), $0.82 (2021), $0.96 (2022), $1.02 (2023), $1.04 (2024), and $1.24 (2025).

Dividend safety

The dividend coverage appears strained, with a payout ratio of 122.35% based on earnings per share. The company's financial leverage is notable, as indicated by a debt-to-equity ratio of 122.63%.

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AI-generated from Quantic's dividend data · Updated 19 Jul 2026 · Information, not financial advice.