BBDC - Barings BDC Is Outperforming With Solid Outlook
2024-05-20 11:50:46 ET
Summary
- The BDC industry is growing rapidly, with assets under management hitting a record high, and publicly traded BDCs are well-positioned for growth opportunities.
- Barings BDC has compelling key metrics, including low non-accruals, strong portfolio credit quality, and a high net asset value, supporting a buy thesis.
- Its dividends are likely to increase in 2024 due to its potential to generate higher NII than dividends.
- Given robust fundamentals and low valuations, the prospects for share price upside are also high.
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Barings BDC Is Outperforming With Solid Outlook