2024-02-06 12:45:39 ET
Summary
- Golub Capital BDC reported strong earnings with increased net investment income, indicating potential for more supplemental dividends.
- The company's portfolio is primarily comprised of first lien loans, with a focus on floating rate loans, which positions it well in the current interest rate environment.
- Golub Capita has a solid dividend yield of over 10% and a history of consistent dividend growth, making it an attractive choice for income-seeking investors.
Overview
For investors seeking consistent dividend income, Golub Capital BDC (GBDC) presents an enticing opportunity. GBDC reported fiscal Q1 earnings recently and knocked it out of the park with strong NII (net investment income), resulting in an increased chance for more supplemental dividends being paid throughout the year. The dividend yield is currently over 10% so you have the opportunity to create some sizeable income stream. GBDC stands to continue benefitting from the current higher interest rate environment, given its exposure to floating rate loans....
Read the full article on Seeking Alpha
For further details see:
Golub Capital: Q1 Earnings Show Additional Supplemental Distributions Likely