2024-05-08 21:21:56 ET
Summary
- Golub Capital BDC has delivered strong quarterly results yet again.
- Despite the recent run-up in the share price, the fundamental dynamics at the portfolio level indicate that the value potential is still there.
- In this article, I elaborate on the key elements of Q2, 2024 report and share my investment stance on GBDC.
This will be my third article on Golub Capital BDC ( GBDC ) since the publication of my initial bull thesis back in late 2023. After I issued the first article, I made a follow-up piece assessing Q1, 2024 performance, which clearly confirmed the identified strengths of GBDC and its cash generation power to accommodate stable dividends going forward....
Read the full article on Seeking Alpha
For further details see:
Golub Capital: Q2 Proves Again That The Value Is There