Kayne Anderson BDC Reports Strong Q3 Financial Results

An update from Kayne Anderson BDC, Inc. ( (KBDC) ) is now available.

Kayne Anderson BDC, Inc. has reported strong third-quarter financial results with net investment income reaching $37.1 million, or $0.52 per share, and an increase in net asset value to $16.70 per share. The company has also declared a fourth-quarter dividend of $0.40 per share, payable in January 2025. With a diversified portfolio and robust private equity investment activity, KBDC continues to capitalize on attractive debt financing opportunities, boasting a lower leverage and higher interest coverage.

For detailed information about KBDC stock, go to TipRanks’ Stock Analysis page.