Financial Services -
Asset Management - NYSE - US
$ 15.9
-1.72 %
$ 1.13 B
Market Cap
9.02
P/E
1. INTRINSIC VALUE
Balance Sheet
Kayne Anderson BDC, Inc.
| Current Assets | 37.9 M |
| Cash & Short-Term Investments | 22.4 M |
| Receivables | 15.5 M |
| Other Current Assets | 0 |
| Non-Current Assets | 2.04 B |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 2.04 B |
| Current Liabilities | 28.4 M |
| Accounts Payable | 28.4 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 868 M |
| Long-Term Debt | 848 M |
| Other Non-Current Liabilities | 19.8 M |
EFFICIENCY
Earnings Waterfall
Kayne Anderson BDC, Inc.
| Revenue | 122 M |
| Cost Of Revenue | 57.8 M |
| Gross Profit | 122 M |
| Operating Expenses | -10.4 M |
| Operating Income | 133 M |
| Other Expenses | 717 K |
| Net Income | 132 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Kayne Anderson BDC, Inc.
| Net Income | 132 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | -12.6 M |
| Others | -687 M |
| Free Cash Flow | -545 M |
Wall Street Analysts Price Targets
Kayne Anderson BDC, Inc.
KBDC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
201.40%
DIVIDEND YIELD
0.4 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Kayne Anderson BDC, Inc.
Sold
0-3 MONTHS
6.15 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
681 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Kayne Anderson BDC: Potential, But Nothing Special Yet
Kayne Anderson BDC, Inc.'s fundamentals are solid, with high first-lien loan exposure, low leverage, and ongoing share repurchases supporting a defensive profile. Despite portfolio growth and strong activity, declining net investment income and rising non-accruals raise concerns about dividend sustainability, especially as rates fall. KBDC stock trades at a slight discount to NAV, but limited upside and economic uncertainty keep me cautious and maintain my Hold rating.
seekingalpha.com
- 1 week ago
Kayne Anderson BDC, Inc. Announces Investment in SG Credit Partners, Inc., a Leading Lower Middle Market Credit Platform
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC” or the “Company”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, an affiliate of Kayne Anderson Capital Advisors, LP (“Kayne Anderson”), today announced an investment in SG Credit Partners, Inc. (along with affiliates and subsidiaries; “SG Credit”), a national credit platform focused on the lower middle market to complement KBDC's middle market investing strategy. SG C.
businesswire.com
- 1 week ago
Kayne Anderson BDC, Inc. Announces Second Quarter 2025 Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”), a business development company externally managed by its investment adviser, KA Credit Advisors, LLC, announced today that it will release its financial results for the second quarter ended June 30, 2025 on Monday, August 11, 2025, after the close of financial markets. KBDC will host a conference call at 10:00 am ET on Tuesday, August 12, 2025, to review its financial results. All interested parties are invited to partici.
businesswire.com
- 2 weeks ago
Two 10%+ Yielding BDCs Going From Bargains To Screaming Buys
Since the announcement of tariffs in early April, the BDC market has become a less interesting place for capital deployment (as we can imply from higher discounts). Yet, as it is usually the case, higher discounts mean more opportunities for patient investors. In this article, I discuss two 10%+ yielding BDCs, which, even before the uncertainty level spiked higher, were bargains and now have become even more attractive buys.
seekingalpha.com
- 2 weeks ago
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
seekingalpha.com
- 3 weeks ago
Rare (Financial) Independence Day Specials: Very Undervalued Blue-Chip 10%+ Yields
It is rare to find blue-chip stocks yielding over 10% that are also deeply discounted. Fortunately, Mr. Market is offering several such opportunities right now. We discuss some of them in this article.
seekingalpha.com
- 3 weeks ago
My Top 2 BDC Picks Right Now
The BDC market's days of outperformance are likely over, with high yields but limited price and dividend growth expected going forward. Despite sector headwinds like lower base rates and falling credit spreads, select BDCs still offer attractive risk-reward for income-focused investors. In the article, I discuss my Top 2 BDC choices, which offer 10%+ yields that are backed by the industry-leading fundamentals.
seekingalpha.com
- 3 weeks ago
Important Warning: A Perfect Storm Could Be Forming For BDCs
BDCs have been on a great run relative to the broader high-yield space over the past several years. However, the BDC Goldilocks environment appears poised to end soon, with several major potential headwinds emerging simultaneously. We share how we are approaching the sector as well as one of our newest top picks of the moment.
seekingalpha.com
- 1 month ago
Don't Retire Without These 10%+ Yields
10%+ yields generally bring too many risks for being included in retirement portfolios. But in this article, I discuss two defensive 10%+ yield plays, which could fit well into retirement investing strategies. I also provide relevant details, which justify my views.
seekingalpha.com
- 1 month ago
Buy The Dip: 6-10% Yields Getting Way Too Cheap
High-quality, high-yield stocks offer sustainable, growing dividends ideal for retirees seeking dependable passive income. I share some 6-10% yields that are getting very attractively priced. Both stocks provide income investors with the chance to lock in quality yields and double-digit total return profiles by buying the recent dips.
seekingalpha.com
- 1 month ago
Warning To All BDC Investors
I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC valuations and making it harder for borrowers to service debt, leading to fewer quality investment opportunities. Dividend coverage is weakening across many BDCs, with higher non-accruals and PIK income threatening the sustainability of distributions investors rely on.
seekingalpha.com
- 1 month ago
My Top 2 Buy And Hold Forever BDC Picks
BDCs are high-risk assets. It means that buy and hold forever strategy might be suboptimal. Yet, there are exceptions.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Kayne Anderson BDC, Inc. KBDC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 1.13 B
Dividend Yield
201.40%
Description
Kayne Anderson BDC, Inc invests in middle market companies located in the United States with an EBITDA of USD 10 - 150 million. The fund focuses on a broad range of sectors and industries. It provides financing in the form of senior secured loans and split-lien loans to buyout transactions.
Contact
811 Main Street, Houston,
http://www.kaynebdc.com
IPO
Date
None
Employees
None
Officers
Mr. Michael Joseph O'Neil
Secretary & Chief Compliance Officer
Mr. Frank P. Karl
Senior Vice President
Mr. Douglas L. Goodwillie
Co-Chief Executive Officer & Co-Chief Investment Officer
Mr. Terry A. Hart
Chief Financial Officer & Treasurer
Mr. John B. Riley
Controller & Vice President
Mr. Kenneth B. Leonard
Co-Chief Executive Officer & Co-Chief Investment Officer