Golub Capital BDC, Inc. (GBDC)
| Market Cap | 3.67B |
| Revenue (ttm) | 877.34M |
| Net Income (ttm) | 375.56M |
| Shares Out | 266.38M |
| EPS (ttm) | 1.41 |
| PE Ratio | 9.75 |
| Forward PE | 9.27 |
| Dividend | $1.60 (11.60%) |
| Ex-Dividend Date | Sep 15, 2025 |
| Volume | 1,538,231 |
| Open | 13.84 |
| Previous Close | 13.75 |
| Day's Range | 13.78 - 13.98 |
| 52-Week Range | 12.68 - 16.01 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 15.00 (+8.77%) |
| Earnings Date | Aug 4, 2025 |
About GBDC
Golub Capital BDC, Inc. (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. It typically invests in diversified consumer services, automobiles, healthcare technology, insurance, health care equipment and supplies, hotels, restaurants and leisure, healthcare providers and services, IT services and specialty retails. It see... [Read more]
Financial Performance
In 2024, Golub Capital BDC's revenue was $724.68 million, an increase of 20.16% compared to the previous year's $603.09 million. Earnings were $273.79 million, an increase of 5.86%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for GBDC stock is "Buy." The 12-month stock price target is $15.0, which is an increase of 8.77% from the latest price.
News
Golub Capital BDC: Cautious About Thin Dividend Coverage
Golub Capital BDC (GBDC) is downgraded to a hold due to thin dividend coverage and a downward trending NAV per share. GBDC offers a high 12% dividend yield, but future payouts are at risk if net inves...
Golub Capital BDC, Inc. Prices Public Offering of $250 Million 7.050% Notes Due 2028
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc. (the “Company,” “we,” “us” or “our”), a business development company (Nasdaq: GBDC), announced that it has priced an underwritten public offering of ...
Are You Falling For These 3 BDC Dividend Myths
BDCs have two issues: 1) almost no margin of safety for dividend coverage, and 2) depressed earnings outlook. For many players it is just a matter of several quarters before they become forced to cut ...
Assessing Golub Capital BDC's Performance For Calendar Q2 2025
GBDC delivered an as-expected quarter with stable NAV and minor NII outperformance, supporting the safety of its 2025 dividend. The portfolio remains healthy, with non-accruals modestly below sector a...
My 10% Income Portfolio-Protecting The NAV
Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protect...
Golub Capital: Another Boring Solid Quarter From This 10.6%-Yielding BDC
Golub Capital BDC delivered another solid quarter with a 2.4% total NAV return, maintaining a 10.55% dividend yield and trading near the NAV. The portfolio remains highly diversified, focused on first...
Golub Capital BDC: I'm Not Buying Anymore
I am downgrading Golub Capital BDC to 'hold' due to declining net investment income and the risk of a potential dividend cut. While Q3 2025 earnings beat expectations, income barely covers the dividen...
Golub Capital BDC (GBDC) Q3 2025 Earnings Call Transcript
Golub Capital BDC (NASDAQ:GBDC) Q3 2025 Earnings Conference Call August 5, 2025 10:30 AM ET Company Participants Christopher Compton Ericson - CFO & Treasurer David B. Golub - CEO & Director Matthew ...
Golub Capital BDC, Inc. Announces Fiscal Year 2025 Third Quarter Financial Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its third fiscal quarter ended June 30, 2025. Except where ...
Golub Capital: This Is Why We Are Likely To Talk About Dividend Cut Soon
Golub Capital's current valuation is not compelling, trading at a slight premium to NAV despite ongoing NAV declines and a lack of unique advantages. Dividend yield is attractive at 11.4%, but coverag...
Golub Capital BDC, Inc. Schedules Release of Fiscal Year 2025 Third Quarter Results
NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter en...
Jerome Powell Just Gave A Huge Gift To BDC Investors
BDCs have been facing an increasingly unfavorable environment recently. However, Jerome Powell just gave a big gift to BDC investors. We discuss what this gift is and how it is impacting our view on t...
17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars
I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced D...
Golub Capital: A Dividend Cut Is Still Likely
I maintain my 'Hold' rating on GBDC due to ongoing concerns about dividend sustainability, despite a recent improvement in the payout ratio to 100%. The cessation of special dividends reduced short-te...
What I Wish I Knew Before Buying BDCs, REITs, And MLPs
BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of ...
Golub Capital BDC's NAV, Valuation, And Dividend Vs. 11 BDC Peers - Part 2 (Includes Calendar Q3 - Q4 2025 Dividend Projections)
Part 2 of this article compares GBDC's recent dividend per share rates, yield percentages, and several other highly detailed (and useful) dividend sustainability metrics to 11 other BDC peers. This in...
Big Dividend Yielders At A Glance
We all learn over time. Some of us more than others. The agency mortgage REIT price-to-book ratios are getting really high, except for the weaker ones. That doesn't make the weak ones a great bargain....
Golub Capital BDC's NAV, Valuation, And Dividend Versus 11 BDC Peers - Part 1 (Includes Recommendations As Of 5/30/2025)
Part 1 of this article compares Golub Capital BDC's recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 11 BDC peers. Part 1 also performs a ...
7-10% Yielding Big Dividend Powerhouses To Turbocharge Your Retirement Income
High-yield, blue-chip stocks are the holy grail of retiring on dividends. I share some of my favorite 7-10% yielding blue chips that look like attractive picks for retirees. I also share some of the r...
BDC Weekly Review: Performance Divergence But No Serious Weakness
We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. BDC sector pulled back 2% this week, but remains up ...
Fat Dividends Served Reality Check
Big dividends sound great, but how about big losses? Since Q2 2025 began, book values got smacked. Not talking about share prices. You can tell if the share price declined (hopefully). That would be a...