Golub Capital BDC Inc. (GBDC) Sets New 12-Month High at $19.19
Shares of Golub Capital BDC Inc. (NASDAQ:GBDC) hit a new 52-week high on Monday . The stock traded as high as $19.19 and last traded at $19.12, with a volume of 73,636 shares changing hands. The stock had previously closed at $19.06.
Several equities analysts have commented on GBDC shares. Zacks Investment Research cut shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Golub Capital BDC in a research note on Saturday, May 14th. Finally, TheStreet cut shares of Golub Capital BDC from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th.
The company’s 50-day moving average price is $18.73 and its 200-day moving average price is $17.54.
Golub Capital BDC (NASDAQ:GBDC) last posted its earnings results on Wednesday, August 3rd. The investment management company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. The business had revenue of $32.10 million for the quarter, compared to the consensus estimate of $33.01 million. Golub Capital BDC’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.36 earnings per share. On average, equities analysts anticipate that Golub Capital BDC Inc. will post $1.28 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 29th. Stockholders of record on Monday, September 5th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 6.72%. The ex-dividend date of this dividend is Wednesday, August 31st.
In related news, Director John Thomas Baily acquired 8,250 shares of the business’s stock in a transaction dated Monday, August 15th. The stock was bought at an average price of $18.35 per share, with a total value of $151,387.50. Following the acquisition, the director now owns 23,179 shares in the company, valued at approximately $425,334.65. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Golub Capital BDC Inc is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured, one stop, second lien and subordinated loans of, and warrants and minority equity securities in, United States middle market companies.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.