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Golub Capital: High-Yield Play With Caveats
Seeking Alpha· 2024-11-14 17:59
Author's note: This is your chance to try us out – without any strings attached. Activate your two-week free trial period now and see if The Insiders Forum is right for you.Shares of business development company Golub Capital BDC, Inc. (NASDAQ: GBDC ) are down 13% since achieving a post-pandemic selloff high of $17.72 in April 2024 as its borrowing costs rose. In addition to its spreads thinning out in its most recentWe run the investing group The Insiders Forum where we specialize in small and mid-cap stoc ...
Golub Capital: A Good Blend Of Yield, Quality, And Income In An Expensive Sector
Seeking Alpha· 2024-10-31 11:00
With many Business Development Companies (BDCs) trading at high valuations above their net asset values, and the overall market continuing to trend higher, there seems to be limited opportunities to buy quality dividend stocksThis article was co-produced with The Dividend Collectuh.Introducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our ...
Golub Capital: 10% Yield, 123% Dividend Coverage Make It A Buy
Seeking Alpha· 2024-10-15 12:10
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios. High yield investing can be thought of as being a high-risk endeavor. However, after having many, many reader comments here on Seeking Alpha, I've come to r ...
Golub Capital's Base Dividend Will Withstand A Few More Cuts
Seeking Alpha· 2024-10-13 19:22
Golub Capital BDC (NASDAQ: GBDC ) is one of the BDC holdings I initiated prior to the interest rate hikes. Obviously, it performed very well given its sensitivity to the interest rate environment, as its investments are predominantly structured with floating Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I've built a rock-solid pillar in my financial foundation through dividend investing. ...
Golub Capital: Healthy And Well-Covered 11% Dividend
Seeking Alpha· 2024-10-13 06:35
I have been actively covering Golub Capital BDC (NASDAQ: GBDC ) - the fifth largest BDC in terms of the NAV size - since late 2023, when my initial thesis was issued with a clear recommendation of Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other ...
Time To Invest? 2 BDCs With Significant Insider Buying In 2024
Seeking Alpha· 2024-09-06 11:00
Alistair Berg This article was coproduced with The Dividend Collectuh. Introduction With the Fed all but confirming that interest rates will likely be cut this month, I have to admit I was expecting a larger pullback within the business development company sector. However, many of the higher-quality BDCs and their share prices have held up well since the July CPI report showed inflation to be cooling, paving the way for interest rate cuts. Although the BDC sector has seen a slight retraction over the past t ...
3 SBIC & Commercial Finance Stocks to Watch Despite Industry Woes
ZACKS· 2024-08-29 13:11
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, ...
Golub Capital: 11% Yield And Cheap (Upgrade)
Seeking Alpha· 2024-08-19 18:34
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(GBDC) - 2024 Q3 - Earnings Call Transcript
2024-08-06 22:52
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 ...
Golub Capital(GBDC) - 2024 Q3 - Quarterly Results
2024-08-05 20:02
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 ...