Golub Capital BDC, Inc. to Issue None Dividend of $0.05 (NASDAQ:GBDC)

Golub Capital BDC, Inc. (NASDAQ:GBDCGet Free Report) declared a None dividend on Sunday, June 2nd, Zacks reports. Shareholders of record on Thursday, June 13th will be paid a dividend of 0.05 per share by the investment management company on Thursday, June 27th. The ex-dividend date is Thursday, June 13th.

Golub Capital BDC has a payout ratio of 86.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Golub Capital BDC to earn $1.81 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 86.2%.

Golub Capital BDC Trading Down 0.1 %

Shares of GBDC stock opened at $16.03 on Tuesday. The business’s 50 day moving average is $16.61 and its two-hundred day moving average is $15.85. Golub Capital BDC has a twelve month low of $13.16 and a twelve month high of $17.72. The company has a market capitalization of $2.75 billion, a P/E ratio of 7.90 and a beta of 0.53. The company has a current ratio of 6.29, a quick ratio of 6.29 and a debt-to-equity ratio of 1.26.

Golub Capital BDC (NASDAQ:GBDCGet Free Report) last announced its earnings results on Monday, May 6th. The investment management company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.01). The company had revenue of $164.23 million during the quarter, compared to analysts’ expectations of $163.61 million. Golub Capital BDC had a net margin of 53.05% and a return on equity of 13.03%. Equities analysts forecast that Golub Capital BDC will post 1.95 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GBDC. StockNews.com cut Golub Capital BDC from a “buy” rating to a “hold” rating in a report on Friday, March 29th. Raymond James cut Golub Capital BDC from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 8th. Finally, Bank of America raised Golub Capital BDC from a “neutral” rating to a “buy” rating and set a $17.00 price target for the company in a report on Monday, March 25th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $16.40.

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Golub Capital BDC Company Profile

(Get Free Report)

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.

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Dividend History for Golub Capital BDC (NASDAQ:GBDC)

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