Golub Capital BDC Inc Announces Fourth Fiscal Quarter 2024 Financial Results

Golub Capital BDC, Inc. Announces Fourth Fiscal Quarter 2024 Financial Results

Golub Capital BDC, Inc. (NASDAQ: GBDC) reported its financial results for the fourth fiscal quarter, which ended on September 30, 2024.

Key Financial Metrics

Golub Capital BDC's net investment income per share demonstrated slight adjustments quarter-over-quarter. Earnings per share saw a substantial increase when compared to the previous quarter, indicating improved operational performance in the period.

Key Developments and Operational Highlights

• Declared a quarterly distribution of $0.39 per share and a supplemental distribution of $0.04 per share.
• Completed approximately $4.8 million in share repurchases, equating to 331,928 shares.
• Golub Capital Employee Grant Program Rabbi Trust purchased approximately $8.1 million in shares for employee incentive compensation.
• Ended the quarter with investments in 381 portfolio companies worth a total of $8,235.4 million at fair value.

Dividends and Share Repurchase Program

Golub Capital BDC announced the following distribution actions: - A series of special distributions totaling $0.15 per share, distributed in three consecutive quarterly payments of $0.05 per share per quarter. - A regular quarterly dividend payment of $0.39 per share, payable on December 27, 2024. - A supplemental distribution of $0.04 per share.

Stock Price Movement

Following the earnings announcement, GBDC's stock displayed a minor change, appreciating by approximately 0.0322%.

For comprehensive details on earnings and strategy, stakeholders are encouraged to review the company's complete earnings presentation available on the Golub Capital BDC website.

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