Dividend And EarningsDividend coverage remains strong, totaling 128% for the base dividend and 112% for total dividends.
Merger And AcquisitionThe merger completed with OBDE positions OBDC as the second largest publicly traded BDC, with total assets exceeding $18.5 billion.
ValuationThe stock is still trading at sub-1x book value, making OBDC a top pick in the BDC coverage.