Key Highlights

  • Runway's forward Dividend Yield is 20.12%, with USD 0.33 per share quarterly distribution declared on November 4.
  • Management said net Investment income was USD 0.38 per share for the quarter, against a base dividend of USD 0.33.
  • Net asset value per share was USD 11.94 at September 30, compared with USD 11.91 at June 30, management said.
  • Total investment income was USD 40.6 million for the quarter, compared with USD 36.7 million a year earlier.

Runway Growth Finance Corp. (NASDAQ:RWAY) carries a forward dividend yield of 20.12%. On November 4, 2026, the Board declared a quarterly distribution of USD 0.33 per share. Management said net investment income was USD 0.38 per share for the third quarter, and net asset value per share was USD 11.94 at September 30.

Dividend Program and Shareholder Returns

On November 4, 2026, the Board of Directors declared a quarterly distribution of USD 0.33 per share for stockholders of record as of November 17, 2026, payable December 3, 2026.

Management said the company delivered USD 0.38 per share of net investment income and a base dividend of USD 0.33 per share for the third quarter, and that spillover income was USD 0.76 per share at quarter end. The trailing twelve month dividend yield is 20.12%, shown for information.

The filing's distribution table lists quarterly distributions of USD 0.33 per share, including those declared on March 20, 2025 and May 7, 2025, alongside supplemental distributions of USD 0.03 per share declared on March 20, 2025.

About the Company

Runway Growth Finance Corp. is a Business Development Company listed on the Nasdaq Global Select Market that lends to venture growth stage companies. Total Assets were USD 1,080.5 million at September 30, 2026, compared with USD 960.1 million at December 31, 2025. Total net assets were USD 494.7 million, compared with USD 485.0 million, on 41.4 million shares outstanding.

Investment Income, Fees and Net Investment Income

Total investment income was USD 40.6 million for the third quarter, compared with USD 36.7 million in the third quarter of 2025, and USD 107.0 million for the nine months, compared with USD 107.3 million. Management said total investment income was USD 37 million in the second quarter of 2026.

Management fees were USD 4.6 million, compared with USD 4.0 million, and incentive fees were USD 4.3 million, compared with USD 4.1 million. Interest and other Debt Financing expenses were USD 13.3 million, compared with USD 10.6 million.

Net investment income was USD 15.9 million, compared with USD 15.7 million a year earlier, and USD 44.7 million for the nine months, compared with USD 45.3 million.

Net Increase in Net Assets and Net Asset Value

The net increase in net assets resulting from operations was USD 10.7 million, or USD 0.26 per share, for the quarter, compared with USD 8.0 million, or USD 0.22 per share, a year earlier. For the nine months, the net increase was USD 3.1 million, or USD 0.08 per share, compared with USD 26.7 million, or USD 0.72.

Net asset value per share was USD 11.94 at September 30, compared with USD 13.42 at December 31, 2025. Management said it was USD 11.91 at June 30, 2026.

Debt, Liquidity and Share Repurchase Authorization

Total debt, net, was USD 541.0 million at September 30, compared with USD 435.3 million at December 31, 2025, including a USD 212.0 million Credit Facility balance. Management said the Leverage Ratio was 1.10 and asset coverage was 1.91 times, compared with 1.36 and 1.74 times at the end of the second quarter.

Management said total available liquidity was USD 216.6 million, and that liquidity events totaled USD 140 million in the quarter, including four full repayments totaling USD 130.7 million. Management said the Board expanded the share repurchase program to USD 30 million.

Outlook

Runway's 20.12% forward dividend yield and the USD 0.33 per share quarterly distribution are the dividend facts on record. Net investment income per share, net asset value per share, spillover income, and leverage levels are the relevant considerations.