Key Highlights

  • The forward Dividend Yield is 12.31%, with a regular dividend of USD 0.40 per share declared on November 4.
  • The USD 0.40 per share dividend declared in November is payable in cash or shares under the Dividend reinvestment Plan.
  • Net investment income per share was USD 0.46 for the third quarter, compared with USD 0.43 a year earlier.
  • Net asset value per common share was USD 15.71 at September 30, compared with USD 16.32 at December 31, 2025.

Kayne Anderson BDC, Inc. (NYSE:KBDC) carries a forward dividend yield of 12.31%. On November 4, 2026, the Board of Directors declared a regular dividend of USD 0.40 per share, payable January 19, 2027 to stockholders of record as of December 31, 2026. Net investment income per share was USD 0.46 for the third quarter.

Dividend Program and Shareholder Returns

On November 4, 2026, the Board of Directors declared a regular dividend of USD 0.40 per share to common stockholders, payable on January 19, 2027 to stockholders of record as of the close of Business on December 31, 2026. The dividend is payable in cash or shares of common stock pursuant to the Dividend Reinvestment Plan.

On October 16, 2026, the company paid a regular dividend of USD 0.40 per share to stockholders of record as of September 30, 2026, for a total of USD 26.4 million. The trailing twelve month dividend yield is 12.31%, shown for information.

Basic and diluted net investment income per share was USD 0.46 for the third quarter and USD 1.30 for the nine months.

About the Company

Kayne Anderson BDC, Inc. is a Business Development Company whose common stock trades on the New York Stock Exchange. Total Assets were USD 2,288.6 million at September 30, 2026, compared with USD 2,286.7 million at December 31, 2025. The corporate Credit Facility was USD 162.0 million, compared with USD 135.0 million.

Investment Income and Net Investment Income Lines

Total investment income was USD 59.0 million for the third quarter, compared with USD 61.4 million a year earlier, and USD 172.0 million for the nine months, compared with USD 173.9 million. Management fees were USD 5.7 million, compared with USD 5.6 million.

Net investment income was USD 30.2 million, compared with USD 30.0 million, and USD 86.6 million for the nine months, compared with USD 87.5 million. Incentive fees were USD 1.2 million, compared with USD 4.4 million.

Per-Share Net Investment Income

Basic and diluted net investment income per share was USD 0.46, compared with USD 0.43, and USD 1.30 for the nine months, compared with USD 1.23.

These per-share figures sit beside the USD 0.40 per share regular dividend paid on October 16, 2026.

Realized Losses and Net Asset Value

Net realized losses on investments were USD 14.9 million for the third quarter, compared with USD 22 thousand, and USD 29.4 million for the nine months, compared with a gain of USD 0.5 million.

Net asset value per common share was USD 15.71 at September 30, 2026, compared with USD 16.32 at December 31, 2025.

Outlook

Kayne Anderson BDC's 12.31% forward dividend yield and the USD 0.40 per share regular dividend are the dividend facts on record. Net investment income per share, realized losses, net asset value per share, and credit facility borrowings are the relevant considerations.