Kayne Anderson BDC, Inc. (KBDC)
Market Cap | 1.18B |
Revenue | n/a |
Net Income | n/a |
Shares Out | 71.12M |
EPS | n/a |
PE Ratio | n/a |
Forward PE | 9.10 |
Dividend | $0.50 (3.02%) |
Ex-Dividend Date | Dec 5, 2024 |
Volume | 85,872 |
Open | 16.78 |
Previous Close | 16.63 |
Day's Range | 16.47 - 16.78 |
52-Week Range | 15.69 - 17.22 |
Beta | n/a |
Analysts | Buy |
Price Target | 17.30 (+4.34%) |
Earnings Date | Feb 15, 2025 |
About KBDC
Kayne Anderson BDC, Inc. is a business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies. The fund considers between 80% and 90% of its portfolio (including investments purchased... [Read more]
Analyst Forecast
According to 5 analysts, the average rating for KBDC stock is "Buy." The 12-month stock price forecast is $17.3, which is an increase of 4.34% from the latest price.
News
Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio
The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfoli...
10% Yields: 2 Well-Covered Big Dividends The Market Is Sleeping On
The market rarely offers 10%+ yielding common equities that have a low risk of facing a cut. However, once in a while it offers up compelling opportunities like this. I share two 10%+ yields that are ...
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...
Kayne Anderson: Defensive BDC Overlooked By The Market
KBDC offers a solid 9.6% regular yield, with strong dividend coverage and low non-accruals at 1%, making it a defensive BDC. The portfolio is highly diversified, focused on first-lien senior secured d...
Who Said ~ 9% Yields Cannot Grow Further? Consider These 2 Picks
Usually, high yields come with high chances of falling into a value trap. It is very difficult to find truly protected yields. It is even more difficult to combine yield protection with income growth.
Kayne Anderson BDC, Inc. Announces Amendment of its Corporate Credit Facility to Extend the Maturity Date and Reduce Borrowing Costs
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”) (the “Company”) announced the amendment of its senior secured revolving credit facility (the “Corporate Credit Facility”). The ...
Kayne Anderson BDC, Inc. Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.40 Per Share
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC or the Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today ann...
BDC Weekly Review: Dividend Capture Is A Tough Gig
We take a look at the action in business development companies through the second week of October and highlight some of the key themes we are watching. BDCs were down on the week, with PSEC and TPVG u...
Kayne Anderson BDC, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it ...
Kayne Anderson BDC: Close To Being My Favorite Defensive BDC Pick
Kayne Anderson BDC, Inc. is a new business development company with an NAV of $1.2 billion, trading at a 3% discount and offering a ~10% dividend yield. Kayne Anderson's portfolio is 98% first-lien se...
Kayne Anderson BDC: A First Look Gets A Hold
Kayne Anderson launched KBDC in late 2021, joining other established firms in the Business Development Corporation investment sector. It went public last spring. KBDC's investment strategy focuses on ...
Kayne Anderson BDC, Inc. Announces June 30, 2024 Financial Results and Declares Third Quarter 2024 Dividend of $0.40 Per Share
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC” or the “Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, today a...
Kayne Anderson BDC, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it ...
Kayne Anderson BDC, Inc. Prices Initial Public Offering
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, has priced its initial public offerin...