Golub Capital BDC: 11% Yield, Insiders Buying, Reports This Week
BDCBelden(BDC) Seeking Alpha·2024-08-04 21:15
8vFanIRising interest rates have helped business development companies greatly over the past 1.5 years. Golub Capital BDC (NASDAQ:GBDC) reported strong earnings for its fiscal 2023, (period ending 9/30/23), with 55.5% revenue growth and 49% NII growth, with NII/Share rising ~48%. Earnings have remained strong in the two most recent quarters, (fiscal Q1-Q2, period ending 3/31/24), albeit not quite as spectacular as fiscal 2023, with revenue up 16%, NII up 29%, and NII/share up 30%. In addition, NAV/share ...