The Zacks SBIC & Commercial Finance industry will continue to benefit from favorable regulatory changes and a rise in demand for personalized financing solutions as rates come down. However, gradual deterioration in asset quality because of prolonged high rates and the expected economic slowdown will hurt industry players' financials in the coming days. Heightened competition and portfolio companies' difficulty in servicing debt are other major industry headwinds. Yet, a few players like Golub Capital BDC, ...

Henrik Sorensen Golub Capital BDC Inc. (NASDAQ:GBDC) is a well-managed business development company that managed to out-earn its base dividend with net investment income in 3Q24, the BDC's last financial quarter. Golub Capital BDC also experienced a surge in investment assets as it completed the acquisition of Golub Capital BDC 3 during the last quarter. Golub Capital BDC provides passive income investors with an attractive 11% yield and has solid credit quality. The stock is also selling at a compelling ne ...

Golub Capital BDC (NASDAQ:GBDC) Q3 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants David Golub - Chief Executive Officer Matt Benton - Chief Operating Officer Chris Ericson - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Finian O'Shea - Wells Fargo Paul Johnson - KBW Operator Hello everyone, and welcome to GBDC's Earnings Call for the Fiscal Quarter ended June 30, 2024. Before we begin, I'd like to take a moment to remind our listeners, that r ...

Exhibit 99.1 Golub Capital BDC, Inc. Announces Fiscal Year 2024 Third Quarter Financial Results Declares Quarterly Distribution of $0.39 Per Share, and a Fiscal Year 2024 Third Quarter Supplemental Distribution of $0.05 Per Share; Closes Previously Announced Transformative Merger with GBDC 3. NEW YORK, NY, August 5, 2024 - Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its third fiscal quarter ended June 30, 2024. Except where the context su ...

Pgiam/E+ via Getty Images Overview With interest rate cuts expected to happen in September, it seems like capital is starting to flow out of the Business Development Company sector. As a result, we can see lots of BDCs experiencing price declines. However, I am totally comfortable with this happening and I'll try to explain why you should be as well. For example, we can see how Golub Capital (NASDAQ:GBDC) fell by nearly 5% over the last five days. This movement followed the both the VanEck BDC Income ETF (B ...

Sashkinw It pays to have a diversified basket of income, and for most investors, that means putting together a portfolio of 20 or more stocks in different industries. That's probably easier said than done, as stocks in a portfolio will fall in and out of favor with the market, thereby creating imbalances. This results in a need for portfolio rebalancing every now and then for those who want to maintain equal weightings as a manner of reducing risk and volatility, and this can involve additional work, thereb ...

However, gradual deterioration in asset quality because of prolonged high rates and economic slowdown will hurt industry players' financials. Increased competition and portfolio companies' difficulty in servicing debt are other major headwinds being faced by the industry. Yet, a few names, like Golub Capital BDC, Inc. (GBDC) and Crescent Capital BDC, Inc. (CCAP) , are worth investing in. The Zacks SBIC & Commercial Finance industry comprises companies that provide finance to small and midsized privately hel ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Golub Capital BDC (GBDC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question. Golub Capital BDC is a member of our Finance group, which includes 854 differen ...

Klaus Vedfelt Golub Capital BDC Inc. (NASDAQ:GBDC) is selling for a reasonable 8% premium to net asset value considering the strength of the business development company's underlying excess dividend coverage and adjusted net investment income growth. Golub Capital BDC paid out only 84% of its adjusted net investment income in the last year and has consistently distributed excess portfolio income as special dividends. I think that the 8% for Golub Capital is reasonable considering that the business developme ...

Jonathan Kitchen In this article, we catch up on the latest quarterly results of the Golub Capital BDC (NASDAQ:GBDC). The company delivered a good quarterly result with a 3.8% total NAV return. It trades at a 10.5% total dividend yield and a 13 premium to book. Its net income yield is 11.9% - in line with the sector median. The company's loan portfolio targets primarily floating-rate first-lien loans and is very well diversified with over 300 positions. Top sectors include software and healthcare. Quarter U ...