
Bain Capital Specialty Finance, Inc.
BCSFFinancial Services · Asset Management · Stock · quarterly payer
Forward Yield
16.37%
Annual Dividend
$1.68
Payout Ratio
170%
5-Yr Growth
1.9%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about BCSF's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Bain Capital Specialty Finance, Inc. (BCSF) has a forward dividend yield of 16.37%, based on an annual dividend of $1.68 per share and a share price of $10.26.
- As of Oct 18, 2026, BCSF's dividend safety grade from SmarterDividends is D (41 out of 100), which rates the dividend as unsafe.
- BCSF last cut its regular dividend in 2025.
- BCSF's most recent ex-dividend date was Sep 15, 2026, for a dividend of $0.42 per share.
- As of Oct 18, 2026, BCSF pays out 170% of its trailing 12-month earnings as dividends (its payout ratio).
- BCSF's dividend has grown at an average rate of 1.9% a year over the past five years.
- As of Oct 18, 2026, BCSF's 16.37% yield is 52% above its five-year average yield of 10.74%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BCSF is $18.26 per share, 78% above the $10.26 share price, so BCSF screens as undervalued.
- Bain Capital Specialty Finance, Inc. (BCSF) pays its dividend quarterly, 4 times a year.
- Bain Capital Specialty Finance, Inc. (BCSF) has raised its regular dividend 5 times and cut it 2 times across the 33 payments on record since 2018. Its most recent change was a 180.0% increase to $0.420 per share, going ex-dividend on Mar 16, 2026. The last cut went ex-dividend on Dec 31, 2025.
Cite this page
SmarterDividends, "BCSF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BCSF
Summary
As of Oct 18, 2026, Bain Capital Specialty Finance, Inc. (BCSF) yields 16.37% ($1.68 a year per share) and has a dividend safety grade of D (41/100).
Is BCSF a good dividend stock?
Higher riskBain Capital Specialty Finance, Inc. (BCSF) pays a quarterly dividend yielding 16.37% ($1.68/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (170%)
- 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
- 16.37%
- Payout Ratio
- 170%
- Annual Dividend
- $1.68
- 5-Yr Avg Growth
- 1.9%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.65
- Market Cap
- $665.6M
- P/E Ratio
- 10.4
- 5-Yr Total Return
- -33%
- 52-Week Range
- $10.25 – $14.70
- Dividend Safety
- D · 41/100
- Ever Cut?
- Yes (2025)
BCSF dividend raises and cuts
Bain Capital Specialty Finance, Inc. (BCSF) has raised its regular dividend 5 times and cut it 2 times across the 33 payments on record since 2018. Its most recent change was a 180.0% increase to $0.420 per share, going ex-dividend on Mar 16, 2026. The last cut went ex-dividend on Dec 31, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 16, 2026 | Raise | $0.150 → $0.420 | +180.0% |
| Dec 31, 2025 | Cut | $0.450 → $0.150 | −66.7% |
| Mar 27, 2024 | Raise | $0.420 → $0.450 | +7.1% |
| Sep 28, 2023 | Raise | $0.380 → $0.420 | +10.5% |
| Mar 30, 2023 | Raise | $0.360 → $0.380 | +5.6% |
| Dec 29, 2022 | Raise | $0.340 → $0.360 | +5.9% |
| Jun 29, 2020 | Cut | $0.402 → $0.340 | −15.5% |
Frequently Asked Questions
Is BCSF a good dividend stock?
Higher risk. Bain Capital Specialty Finance, Inc. (BCSF) pays a quarterly dividend yielding 16.37% ($1.68/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Is BCSF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BCSF's fair value is about $18.26 versus a $10.26 share price — so it looks undervalued (+78% vs. fair value).
Is BCSF's dividend safe?
BCSF has a dividend-safety grade of D (41/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is BCSF's fair value?
Our blended fair-value estimate for BCSF is about $18.26 per share, roughly 78% above the current $10.26 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BCSF a buy, hold, or sell?
We don't issue formal ratings, but on the data BCSF screens as "higher risk" and undervalued. Bain Capital Specialty Finance, Inc. (BCSF) pays a quarterly dividend yielding 16.37% ($1.68/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.
Will BCSF cut its dividend?
BCSF earns a dividend-safety grade of D (41/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BCSF pay a dividend?
Yes. Bain Capital Specialty Finance, Inc. pays a quarterly dividend of about $1.68 per share annually, a forward yield of roughly 16.37%.
What is BCSF's dividend yield?
As of Oct 18, 2026, BCSF's forward dividend yield is 16.37%, based on a $1.68 annual dividend and a $10.26 share price.
What is BCSF's dividend per share?
As of Oct 18, 2026, BCSF pays $1.68 per share per year, distributed on a quarterly basis.
What is BCSF's dividend payout ratio?
As of Oct 18, 2026, BCSF's payout ratio is 170% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has BCSF grown its dividend?
BCSF does not currently have a long dividend-growth streak on record.
When is the next BCSF ex-dividend date?
As of Oct 18, 2026, BCSF's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $0.42 per share.
BCSF Price — Last 12 Months
Daily close
Price Return
1 Year
-28%
3 Years
-32%
5 Years
-33%
52-Week Range
$10.25 – $14.70
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BCSF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Bain Capital Specialty Finance, Inc. is $18.26 per share, versus a market price of $10.26. That implies 78% of upside — a margin of safety of about 44%.
Fair Value
$18.26
Current Price
$10.26
Upside
+78%
Margin of Safety
44%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $0.99 EPS, $1.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BCSF 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
Full BCSF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 29, 2026 | $0.4200 | regular |
| Jun 15, 2026 | Jun 29, 2026 | $0.4200 | regular |
| Mar 16, 2026 | Mar 30, 2026 | $0.4200 | regular |
| Dec 31, 2025 | Jan 26, 2026 | $0.1500 | regular |
| Dec 16, 2025 | Dec 30, 2025 | $0.4500 | regular |
| Sep 16, 2025 | Sep 30, 2025 | $0.4500 | regular |
| Jun 16, 2025 | Jun 30, 2025 | $0.4500 | regular |
| Mar 17, 2025 | Mar 31, 2025 | $0.4500 | regular |
| Dec 31, 2024 | Jan 31, 2025 | $0.4500 | regular |
| Sep 30, 2024 | Oct 31, 2024 | $0.4500 | regular |
| Jun 28, 2024 | Jul 29, 2024 | $0.4500 | regular |
| Mar 27, 2024 | Apr 30, 2024 | $0.4500 | regular |
| Dec 28, 2023 | Jan 31, 2024 | $0.4200 | regular |
| Sep 28, 2023 | Oct 31, 2023 | $0.4200 | regular |
Income Calculator
At $1.68 / yr per share
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