Golub Capital BDC, Inc. (GBDC)
| Market Cap | 3.99B |
| Revenue (ttm) | 724.68M |
| Net Income (ttm) | 273.79M |
| Shares Out | 264.28M |
| EPS (ttm) | 1.36 |
| PE Ratio | 11.09 |
| Forward PE | 9.01 |
| Dividend | $1.56 (10.35%) |
| Ex-Dividend Date | Dec 9, 2024 |
| Volume | 1,414,468 |
| Open | 14.85 |
| Previous Close | 14.89 |
| Day's Range | 14.85 - 15.10 |
| 52-Week Range | 14.05 - 17.72 |
| Beta | 0.56 |
| Analysts | Buy |
| Price Target | 16.25 (+7.76%) |
| Earnings Date | Feb 3, 2025 |
About GBDC
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It see... [Read more]
Financial Performance
In 2024, Golub Capital BDC's revenue was $724.68 million, an increase of 20.16% compared to the previous year's $603.09 million. Earnings were $273.79 million, an increase of 5.86%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for GBDC stock is "Buy." The 12-month stock price forecast is $16.25, which is an increase of 7.76% from the latest price.
News
Golub Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 2 (Includes Updated Dividend Projections)
Part 2 of this article compares GBDC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 14 other BDC peers. This in...
5 BDCs With High Dividend Resistance To Falling Interest Rates
The financial outlook for many BDCs is not promising. Already lower base rates will continue to depress results in Q4 reports. The trajectory for SOFR is not great either.
10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On
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Golub Capital BDC: About 10%-Yielding Cash Cow
Golub Capital supports its dividend with net investment income and offers a 10% yield. The BDC's dividend coverage is solid, with a Q4'24 coverage ratio of 1.21X, and it maintains chiefly high-quality...
Golub Capital's NAV, Valuation, And Dividend Vs. 14 BDC Peers - Part 1 (Includes Recommendations As Of 11/29/2024)
Part 1 of this article compares GBDC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 14 BDC peers. It also performs a comparative analy...
BDC Weekly Review: Two BDC Performance Headwinds
We take a look at the action in business development companies through the third week of November and highlight some of the key themes we are watching. BDCs posted a strong 2% return this week as mark...
Golub Capital BDC: A Good Quarter But Watch Portfolio Quality
Golub Capital BDC delivered a 2.4% total NAV return over the quarter, trades at an 11.6% total dividend yield, and has a well-diversified loan portfolio. The company's adjusted net investment income f...
Golub Capital: 10% Yield, Special Dividends, No NAV Premium
Golub Capital BDC covered its dividend payout with adjusted net investment income and paid a supplemental dividend, reflecting strong portfolio performance and income distribution. The BDC's portfolio...
Golub Capital BDC, Inc. Prices Public Offering of $150 Million 6.000% Notes Due 2029
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc. (the “Company,” “we,” “us” or “our”), a business development company (Nasdaq: GBDC), announced that it has priced an underwritten public offering of ...
Golub Capital BDC (GBDC) Q4 2024 Earnings Call Transcript
Golub Capital BDC (NASDAQ:GBDC) Q4 2024 Results Conference Call November 20, 2024 10:00 AM ET Company Participants David Golub - Chief Executive Officer Matt Benton - Chief Operating Officer Chris Er...
Golub Capital BDC, Inc. Announces Fiscal Year 2024 Fourth Quarter Financial Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its fourth fiscal quarter ended September 30, 2024. Except ...
Golub Capital BDC, Inc. Announces a Series of Debt Funding Structure Initiatives Aimed at Reducing Borrowing Costs and Providing Additional Investment Flexibility
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc. (“GBDC” or the “Company”), a business development company (Nasdaq: GBDC), and Golub Capital, today announced a series of debt funding structure initi...
Buy The Dip: 6-11% Yields For Growing Retirement Dividend Income
The broader markets are soaring right now. However, there are numerous opportunities to buy discounted blue-chip high-yielding dividend growth stocks. I share three best-of-breed high-yield dividend g...
Golub Capital BDC: High-Quality 11% Yield
Golub Capital BDC offers a solid track record, high asset quality, and good management, yielding over 11% with an undemanding valuation, making it attractive for income investors. The company focuses ...
Golub Capital: High-Yield Play With Caveats
Golub Capital BDC, Inc. shares have dropped 13% since April 2024 due to rising borrowing costs and economic uncertainty. Despite concerns, Golub offers a 10%+ dividend yield, low non-accrual rates, an...
Golub Capital: A Good Blend Of Yield, Quality, And Income In An Expensive Sector
Golub Capital BDC currently sports a 10% yield that is well-covered by their income. Golub Capital BDC remains a high-quality investment despite the slight increase in non-accruals during Q3 earnings....
Golub Capital stock could benefit from HPS Investment buyout
One of the biggest corporate news this week was reports that Scott Kapnick, the former head of Goldman Sachs investment bank, was considering options for his HPS Investment Partners. There are three l...
11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell
High-yield dividend growth stocks can make for exceptional passive income machines and wealth-compounding instruments. However, exceptionally high yields demand extra caution from investors. We discus...
Invest In All Weather BDC Dividend Portfolio
The All Weather Portfolio concept introduced by Ray Dalio aims for stable returns through largely uncorrelated investment exposures. In this article, I have tried to apply the essence of such a constr...
Golub Capital: 10% Yield, 123% Dividend Coverage Make It A Buy
Golub Capital offers a high, well-covered 10.3% dividend yield, supported by a strong balance sheet and low non-accrual rate. GBDC's diversified portfolio of first-lien loans across defensive sectors ...
Golub Capital's Base Dividend Will Withstand A Few More Cuts
Golub Capital's base dividend will withstand a few more cuts, but investors have to be wary of the long-term risks and potential yield-on-cost. Despite the recent interest rate cut, GBDC's dividend co...
Golub Capital: Healthy And Well-Covered 11% Dividend
Golub Capital BDC trades at a slight discount to NAV despite strong dividend coverage and below-average leverage. Q3 2024 earnings report shows GBDC's non-accruals remain low, with leverage decreasing...
Good News For BDCs
I have been bearish on BDCs for a while, and this caution has paid off. However, some good news just arrived for the sector. I discuss what this is and share some of my top picks of the moment in ligh...
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2024 Fourth Quarter Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter an...