Kayne Anderson BDC, Inc. (KBDC)

NYSE: KBDC · Real-Time Price · USD
17.40
-0.08 (-0.46%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.46%
Market Cap 1.24B
Revenue n/a
Net Income n/a
Shares Out 71.12M
EPS n/a
PE Ratio n/a
Forward PE 9.52
Dividend $0.40 (2.30%)
Ex-Dividend Date Jun 9, 2025
Volume 138,554
Open 17.51
Previous Close 17.48
Day's Range 17.29 - 17.64
52-Week Range 15.69 - 17.99
Beta n/a
Analysts Buy
Price Target 17.30 (-0.57%)
Earnings Date Mar 3, 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]

Founded 2021
Country United States
Stock Exchange NYSE
Ticker Symbol KBDC
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

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 a decrease of -0.57% from the latest price.

Price Target
$17.3
(-0.57% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Double The Invested Capital In 7 Years With These 2 Income Picks

Doubling your money is an attractive idea. The "Rule of 72" helps estimate how long it will take to double your capital with a fixed annual return rate. I discuss two investment picks, which are, in m...

Other symbols: BIPBIPC
5 days ago - Seeking Alpha

Why BDCs Is My Favorite Sector To Invest For Durable Income

The BDC segment is my favorite area to invest for high and durable income. In fact, my highest-conviction investment is a BDC. In this article, I discuss several structural reasons why, in my view, BD...

Other symbols: ARCCPBDC
13 days ago - Seeking Alpha

5 BDC Investment Criteria And 3 Picks I'd Recommend For Retirees

As a BDC bull, I've to admit that most BDCs are not good enough for being included in a durable retirement/passive income portfolio. In the article I share 5 specific criteria that we have to comply w...

Other symbols: FDUSMAINPSECTPVG
22 days ago - Seeking Alpha

Kayne Anderson BDC, Inc. Announces Fourth 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 ...

23 days ago - Business Wire

Steeper Yield Curve And BDCs: This Is What You Have To Know

The past couple of months, which include the steepening of the yield curve, have been positive for BDCs. However, higher long-term rates and a steeper yield curve create a net negative effect for BDC ...

27 days ago - Seeking Alpha

2 High Yield BDCs With Exceptional Value To Price Ratio

BDC investing is primarily about income with less emphasis on growth. One way to activate the second (price appreciation) component is through investing in heavily discounted BDCs. The other, more pru...

Other symbols: BIZDFDUSGLADMAINVNQ
4 weeks ago - Seeking Alpha

Kayne Anderson BDC: Investment Activity And Share Repurchase Plan Can Lead To Growth

Kayne Anderson BDC offers a high dividend yield of 9.6% and focuses on middle market companies, aiming for high current income and capital appreciation. KBDC's diverse $1.9B portfolio, with no single ...

5 weeks ago - Seeking Alpha

An 8%+ Retirement Income Cocktail Of: 1 BDC, 1 MLP, And 1 ETF

The usual sweet spot range for high and durable income is 6-8%. Anything above that tends to come with unfavorable financial risk. Yet, by being selective and careful, 8%+ exceptions can be found.

Other symbols: ENBEPDETFDUSQYLDWES
5 weeks ago - Seeking Alpha

My Top 10 BDCs For 2025

Despite expected interest rate declines, BDCs are poised for strong performance in 2025 due to potential rate hikes and inflation uncertainties. BDCs provide capital to small businesses, have high yie...

7 weeks ago - Seeking Alpha

Very Bad News For BDCs, But There Is A Solution

BDCs are currently exposed to multiple structural headwinds. It is very difficult to substantiate a bullish case for the BDC sector. In my view, to achieve alpha, one would have to go far out on the r...

Other symbols: BIZDBXSLFDUSHTGCOCSL
2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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.

Other symbols: EPDMSDLWES
2 months ago - Seeking Alpha

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 ...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols: GAINSAR
4 months ago - Seeking Alpha

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 ...

4 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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 ...

6 months ago - Seeking Alpha

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...

6 months ago - Business Wire

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 ...

7 months ago - Business Wire

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...

9 months ago - Business Wire