Thriving with Robust Performance: Barings BDC Delivers Growing Profits to Investors
As the day concludes, Barings BDC (NYSE:BBDC) is preparing to distribute a dividend payout of $0.26 per share, resulting in an annualized dividend yield of 11.43%. This payout is exclusive to investors who held the stock before the ex-dividend date on March 05, 2024.
Barings BDC Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-03-05 | 4 | $0.26 | 11.43% | 2024-02-22 | 2024-03-06 | 2024-03-13 |
| 2023-12-05 | 4 | $0.26 | 11.18% | 2023-11-09 | 2023-12-06 | 2023-12-13 |
| 2023-09-05 | 4 | $0.26 | 12.28% | 2023-08-09 | 2023-09-06 | 2023-09-13 |
| 2023-06-06 | 4 | $0.25 | 13.46% | 2023-05-04 | 2023-06-07 | 2023-06-14 |
| 2023-03-07 | 4 | $0.25 | 11.61% | 2023-02-23 | 2023-03-08 | 2023-03-15 |
| 2022-12-06 | 4 | $0.24 | 10.79% | 2022-11-10 | 2022-12-07 | 2022-12-14 |
| 2022-09-06 | 4 | $0.24 | 9.48% | 2022-08-09 | 2022-09-07 | 2022-09-14 |
| 2022-06-07 | 4 | $0.24 | 9.34% | 2022-05-05 | 2022-06-08 | 2022-06-15 |
| 2022-02-15 | 4 | $0.23 | 8.49% | 2022-02-01 | 2022-02-16 | 2022-02-23 |
| 2021-11-23 | 4 | $0.22 | 7.73% | 2021-11-09 | 2021-11-24 | 2021-12-01 |
| 2021-09-07 | 4 | $0.21 | 7.88% | 2021-08-05 | 2021-09-08 | 2021-09-15 |
| 2021-06-08 | 4 | $0.2 | 7.72% | 2021-05-06 | 2021-06-09 | 2021-06-16 |
Barings BDC's dividend yield falls in the middle range when compared to its industry peers, with Trinity Cap (NASDAQ:TRIN) having the highest annualized dividend yield at 13.40%.
Analyzing Barings BDC Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $0.65 in 2020 to $1.02 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Barings BDC
The earnings chart above shows that from 2020 to 2023, Barings BDC has experienced an increase in their earnings from $0.61 per share to $1.21 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Barings BDC and its implications for shareholders. Presently, the company is distributing a dividend of $0.26 per share, leading to an annualized dividend yield of 11.43%.
Barings BDC's dividend yield falls in the middle range when compared to its industry peers, with Trinity Cap having the highest annualized dividend yield at 13.40%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Barings BDC appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Barings BDC's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.