Kayne Anderson BDC Q1 Earnings Fall, Investment Income Rises

MT Newswires Live
13 May

Kayne Anderson BDC (KBDC) reported Q1 earnings late Monday of $0.40 per diluted share, down from $0.52 a year earlier.

Analysts polled by FactSet expected a loss of $0.42.

Total Investment Income for the quarter ended March 31 rose to $55.2 million from $46.5 million a year earlier.

Three analysts surveyed by FactSet expected $52.5 million.

The company maintained a dividend of $0.40 a share, payable July 16 to shareholders of record on June 30.

The company said its board extended the share repurchase plan to May 24, 2026, allowing up to $100 million in stock buybacks below set price thresholds starting May 25, 2025.

Shares of Kayne Anderson were down 1.4% in after-hours activity.

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