Golub Capital: Q2 Proves Again That The Value Is There
GBDCGolub Capital(GBDC) Seeking Alpha·2024-05-09 09:21
Hiroshi Watanabe This will be my third article on Golub Capital BDC (NASDAQ: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. Just to quickly reminder you, these are the main drivers of bull thesis here:  GBDC is the sixth largest BDC in terms of the value of  ...