Barings BDC, Inc.
BBDCFinancial Services · Stock · quarterly payer
Forward Yield
11.94%
Annual Dividend
$1.04
Payout Ratio
127%
5-Yr Growth
12.9%
Ex-Date
Sep 2, 2026
Frequency
Quarterly
Summary
As of September 2026, Barings BDC, Inc. (BBDC) yields 11.94% ($1.04 per share annually), with a blended fair-value estimate of $8.06 — -8% downside, so it screens as fairly valued. Dividend safety grade: D (45/100). 6 years of dividend growth.
Is BBDC a good dividend stock?
MixedBarings BDC, Inc. (BBDC) pays a quarterly dividend yielding 11.94% ($1.04/yr), with 6 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 12.9% 5-yr dividend growth
Risks
- Cut its dividend in 2018
- Elevated payout ratio (127%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.94%
- Payout Ratio
- 127%
- Annual Dividend
- $1.04
- 5-Yr Avg Growth
- 12.9%
- Ex-Dividend Date
- Sep 2, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 0.67
- Market Cap
- $918.3M
- P/E Ratio
- 10.7
- 5-Yr Total Return
- -20%
- 52-Week Range
- $7.96 – $9.54
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
BBDC Price — Last 12 Months
Daily close
Price Return
1 Year
+0%
3 Years
-2%
5 Years
-20%
52-Week Range
$7.96 – $9.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BBDC worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Barings BDC, Inc. is $8.06 per share, versus a market price of $8.77. That implies the stock is roughly fairly priced.
Fair Value
$8.06
Current Price
$8.77
Gap
-8%
Margin of Safety
-9%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.6% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.7% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.82 EPS, $1.04 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BBDC Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 2, 2026 | — | $0.2600 | regular |
| Jun 3, 2026 | — | $0.2600 | regular |
| Mar 4, 2026 | — | $0.2600 | regular |
| Dec 3, 2025 | — | $0.2600 | regular |
| Sep 3, 2025 | — | $0.3100 | regular |
| Jun 4, 2025 | — | $0.3100 | regular |
| Mar 5, 2025 | — | $0.3100 | regular |
| Dec 4, 2024 | — | $0.2600 | regular |
| Sep 4, 2024 | — | $0.2600 | regular |
| Jun 5, 2024 | — | $0.2600 | regular |
| Mar 5, 2024 | — | $0.2600 | regular |
| Dec 5, 2023 | — | $0.2600 | regular |
| Sep 5, 2023 | — | $0.2600 | regular |
| Jun 6, 2023 | — | $0.2500 | regular |
Income Calculator
At $1.04 / yr per share
