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Barings BDC, Inc. (BBDC)

Financial Services | Asset Management | Charlotte, United States | NYSE
8.46 USD -0.11 (-1.284%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 8.70 +0.24 (2.864%) ⇧ (July 13, 2026, 6:07 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 4:31 a.m. EDT

Barings BDC presents a classic value trap scenario where the market has correctly identified deteriorating business fundamentals. Despite trading at a discount to book value, the company is actively eroding shareholder capital; the payout ratio of 122% confirms that the dividend is being funded by debt issuance and asset sales rather than organic earnings, a dangerous trend for a BDC focused on income. The multi-year price trajectory tells the real story: a brutal 52% decline over nine years, with the most recent annual performance showing another drop. While the recent price action shows a slight technical recovery, the underlying engine is broken with negative revenue and earnings growth. The massive put option open interest reinforces this bearish consensus, as investors are buying insurance against further declines rather than betting on a turnaround. The high dividend yield is a trap, masking the fact that the payout is unsustainable and likely to be cut as the company continues to deleverage.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.028057
MSTL0.029144
AutoETS0.029341
AutoARIMA0.029342
MSTL_630.038472
MSTL_63_1260.042138
MSTL_1260.046003

Forecast horizon: 60 days | Selected: AutoTheta

Forecast Reliability
Score 53%
H-stat 1.49
Ljung-Box p 0.000
Jarque-Bera p 0.506
Excess Kurtosis -0.39
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-06-02
Last Dividend Date 2026-06-02
Debt to Equity Ratio 122.626
Revenue per Share 2.621
Market Cap 885,820,224
Trailing P/E 9.95
Forward P/E 8.75
Beta 0.65
Profit Margins 32.45%
Website https://www.barings.com/en-us/guest/funds/business-development-companies/barings-bdc

As of July 11, 2026, 4:31 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 5.0 and 7.5) across multiple expirations, suggesting a fear of further downside or a desire to cap losses. Conversely, call activity is sparse and concentrated at the 10.0 strike, indicating limited bullish conviction. The implied volatility skew shows significantly higher pricing for downside protection compared to upside potential, reflecting a market sentiment that expects continued weakness rather than a rebound.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.17% 12.56% 11.97% 11.19%
Dividend History
Date Dividend Yield %
2026-06-03 0.260 3.166870
2026-03-04 0.260 3.117506
2025-12-03 0.260 2.978236
2025-09-03 0.310 3.301384
2025-06-04 0.310 3.498871
2025-03-05 0.310 3.189300
2024-12-04 0.260 2.642276
2024-09-04 0.260 2.655771
2024-06-05 0.260 2.636917
2024-03-05 0.260 2.765958
2023-12-05 0.260 3.019745
2023-09-05 0.260 2.924634
2023-06-06 0.250 3.263708
2023-03-07 0.250 3.041362
2022-12-06 0.240 2.777778
2022-09-06 0.240 2.534319
2022-06-07 0.240 2.366864
2022-02-15 0.230 2.131603
2021-11-23 0.220 1.990950
2021-09-07 0.210 1.964453
2021-06-08 0.200 1.913876
2021-03-09 0.190 1.926978
2020-11-24 0.170 1.947308
2020-09-08 0.160 1.970443
2020-06-09 0.160 1.968020
2020-03-10 0.160 1.722282
2019-12-10 0.150 1.459144
2019-09-10 0.140 1.405622
2019-06-11 0.130 1.319797
2019-03-12 0.120 1.217039
2018-12-13 0.100 1.030928
2018-09-19 0.030 0.296736
2018-08-06 1.784 17.022902
2018-03-13 0.300 2.544529
2017-12-05 0.300 3.198294
2017-09-01 0.450 3.360717
2017-06-05 0.450 2.543810
2017-03-06 0.450 2.400000
2016-12-05 0.450 2.424569
2016-09-02 0.450 2.264721
2016-06-06 0.450 2.415459
2016-03-07 0.540 2.821317
2015-12-07 0.590 2.882267
2015-09-04 0.590 3.166935
2015-06-08 0.590 2.487353
2015-03-09 0.590 2.462437
2014-12-08 0.590 2.978294
2014-09-08 0.590 2.180340
2014-06-09 0.540 2.035432
2014-05-23 0.150 0.583658
2014-03-10 0.540 2.005944
2014-03-03 0.150 0.540735
2013-12-09 0.540 1.878914
2013-09-09 0.540 1.841746
2013-06-10 0.540 1.888112
2013-03-11 0.540 1.843633
2012-12-10 0.530 2.137097
2012-09-10 0.520 2.100162
2012-06-11 0.500 2.406160
2012-03-12 0.470 2.405322
2011-12-12 0.470 2.548807
2011-09-12 0.440 2.633154
2011-06-13 0.440 2.408320
2011-03-14 0.420 2.354260
2010-12-13 0.420 2.172788
2010-09-03 0.410 2.551338
2010-06-11 0.410 2.911932
2010-03-23 0.410 2.871149
2009-12-18 0.410 3.396852
2009-10-06 0.410 3.355155
2009-07-07 0.400 3.700277
2009-03-23 0.400 4.459309
2009-02-25 0.050 0.502513
2008-12-19 0.400 3.872217
2008-10-28 0.380 3.643336
2008-08-12 0.350 2.684049
2008-06-03 0.310 2.649573
2007-12-27 0.300 2.527380
2007-11-27 0.270 2.345786
2007-08-28 0.260 2.020202
2007-05-29 0.150 1.019714
Additional Data
dividendRate 1.04
dividendYield 12.14
exDividendDate 2026-06-03
trailingAnnualDividendRate 1.04
trailingAnnualDividendYield 0.12135356
lastDividendValue 0.26
lastDividendDate 2026-06-03
dividendDate 2026-06-10

Info Dump

Attribute Value
52 Week Change -0.09978992
Address1 300 South Tryon Street
Address2 Suite 2500
All Time High 30.7
All Time Low 4.0
Ask 8.48
Ask Size 1,500
Average Daily Volume10 Day 625,050
Average Daily Volume3 Month 748,872
Average Volume 748,872
Average Volume10Days 625,050
Beta 0.654
Bid 8.47
Bid Size 1,600
Book Value 11.016
City Charlotte
Country United States
Crypto Tradeable 0
Currency USD
Current Price 8.46
Current Ratio 0.537
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.646
Day Low 8.45
Debt To Equity 122.626
Display Name Barings BDC
Dividend Date 1,781,049,600
Dividend Rate 1.04
Dividend Yield 12.14
Earnings Call Timestamp End 1,778,245,200
Earnings Call Timestamp Start 1,778,245,200
Earnings Growth -0.382
Earnings Quarterly Growth -0.386
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda Margins 0.0
Enterprise To Revenue 8.064
Enterprise Value 2,220,399,360
Eps Current Year 0.98333
Eps Forward 0.96667
Eps Trailing Twelve Months 0.85
Esg Populated 0
Ex Dividend Date 1,780,444,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.5594
Fifty Day Average Change -0.09939957
Fifty Day Average Change Percent -0.011612914
Fifty Two Week Change Percent -9.9789915
Fifty Two Week High 9.92
Fifty Two Week High Change -1.46
Fifty Two Week High Change Percent -0.14717743
Fifty Two Week Low 7.96
Fifty Two Week Low Change 0.5
Fifty Two Week Low Change Percent 0.06281407
Fifty Two Week Range 7.96 - 9.92
Financial Currency USD
First Trade Date Milliseconds 1,172,154,600,000
Five Year Avg Dividend Yield 10.36
Forward Eps 0.96667
Forward P E 8.751695
Free Cashflow 66,778,376
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 275,337,984
Has Pre Post Market Data 1
Held Percent Insiders 0.00621
Held Percent Institutions 0.48277
Implied Shares Outstanding 104,706,884
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,780,444,800
Last Dividend Value 0.26
Last Fiscal Year End 1,767,139,200
Long Business Summary Barings BDC, Inc. is a publicly traded Real Estate, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries. It specializes in mezzanine, leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies. It invests in manufacturing and distribution; business services and technology; transportation and logistics; consumer product and services. It invests in United States. It invests in companies with EBITDA of $10 million to $75 million, typically in private equity sponsor backed. The firm prefers to invest in companies having maximum revenue of $200 million and having EBITDA value between $10 million and $75 million.
Long Name Barings BDC, Inc.
Market us_market
Market Cap 885,820,224
Market State PREPRE
Max Age 86,400
Message Board Id finmb_4149997
Most Recent Quarter 1,774,915,200
Net Income To Common 89,339,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 897,337,995
Number Of Analyst Opinions 6
Open 8.57
Operating Cashflow 236,255,008
Operating Margins 0.74684995
Payout Ratio 1.2235
Peg Ratio 3.14
Phone 704 805 7200
Post Market Change 0.24230003
Post Market Change Percent 2.8640666
Post Market Price 8.7023
Post Market Time 1,783,980,468
Previous Close 8.57
Price Eps Current Year 8.603419
Price Hint 2
Price To Book 0.7679739
Price To Sales Trailing12 Months 3.2172103
Profit Margins 0.32446998
Quick Ratio 0.306
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.11
Regular Market Change Percent -1.28354
Regular Market Day High 8.646
Regular Market Day Low 8.45
Regular Market Day Range 8.45 - 8.646
Regular Market Open 8.57
Regular Market Previous Close 8.57
Regular Market Price 8.46
Regular Market Time 1,783,972,802
Regular Market Volume 507,107
Return On Assets 0.047519997
Return On Equity 0.07628
Revenue Growth -0.06
Revenue Per Share 2.621
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 104,706,884
Shares Percent Shares Out 0.0228
Shares Short 2,382,275
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,844,530
Short Name Barings BDC, Inc.
Short Percent Of Float 0.026300002
Short Ratio 2.89
Source Interval 15
State NC
Symbol BBDC
Target High Price 10.0
Target Low Price 9.25
Target Mean Price 9.625
Target Median Price 9.5
Total Cash 79,848,000
Total Cash Per Share 0.763
Total Debt 1,414,427,008
Total Revenue 275,337,984
Tradeable 0
Trailing Annual Dividend Rate 1.04
Trailing Annual Dividend Yield 0.12135356
Trailing Eps 0.85
Trailing P E 9.952941
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.73655
Two Hundred Day Average Change -0.2765503
Two Hundred Day Average Change Percent -0.031654403
Type Disp Equity
Volume 507,107
Website https://www.barings.com/en-us/guest/funds/business-development-companies/barings-bdc
Zip 28,202