
Kayne Anderson BDC, Inc.
KBDCFinancial Services · Asset Management · Stock · quarterly payer
Forward Yield
12.87%
Annual Dividend
$1.60
Payout Ratio
147%
5-Yr Growth
—
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Key facts about KBDC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Kayne Anderson BDC, Inc. (KBDC) has a forward dividend yield of 12.87%, based on an annual dividend of $1.60 per share and a share price of $12.43.
- As of Oct 18, 2026, KBDC's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
- KBDC has never cut its regular dividend in the payment history SmarterDividends has on record.
- KBDC's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.40 per share.
- As of Oct 18, 2026, KBDC pays out 147% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 18, 2026, KBDC's 12.87% yield is 31% above its five-year average yield of 9.79%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for KBDC is $15.28 per share, 23% above the $12.43 share price, so KBDC screens as undervalued.
- Kayne Anderson BDC, Inc. (KBDC) pays its dividend quarterly, 4 times a year.
- Kayne Anderson BDC, Inc. (KBDC) has raised its regular dividend 0 times and cut it 0 times across the 13 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page
SmarterDividends, "KBDC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/KBDC
Summary
As of Oct 18, 2026, Kayne Anderson BDC, Inc. (KBDC) yields 12.87% ($1.60 a year per share) and has a dividend safety grade of C (55/100).
Is KBDC a good dividend stock?
MixedKayne Anderson BDC, Inc. (KBDC) pays a quarterly dividend yielding 12.87% ($1.60/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (147%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 12.87%
- Payout Ratio
- 147%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $820.8M
- P/E Ratio
- 11.4
- 5-Yr Total Return
- —
- 52-Week Range
- $12.32 – $15.87
- Dividend Safety
- C · 55/100
- Ever Cut?
- No
KBDC dividend raises and cuts
Kayne Anderson BDC, Inc. (KBDC) has raised its regular dividend 0 times and cut it 0 times across the 13 payments on record since 2024. The regular dividend has not changed in that time.
Frequently Asked Questions
Is KBDC a good dividend stock?
Mixed. Kayne Anderson BDC, Inc. (KBDC) pays a quarterly dividend yielding 12.87% ($1.60/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is KBDC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KBDC's fair value is about $15.28 versus a $12.43 share price — so it looks undervalued (+23% vs. fair value).
Is KBDC's dividend safe?
KBDC has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is KBDC's fair value?
Our blended fair-value estimate for KBDC is about $15.28 per share, roughly 23% above the current $12.43 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is KBDC a buy, hold, or sell?
We don't issue formal ratings, but on the data KBDC screens as "mixed" and undervalued. Kayne Anderson BDC, Inc. (KBDC) pays a quarterly dividend yielding 12.87% ($1.60/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will KBDC cut its dividend?
KBDC earns a dividend-safety grade of C (55/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does KBDC pay a dividend?
Yes. Kayne Anderson BDC, Inc. pays a quarterly dividend of about $1.60 per share annually, a forward yield of roughly 12.87%.
What is KBDC's dividend yield?
As of Oct 18, 2026, KBDC's forward dividend yield is 12.87%, based on a $1.60 annual dividend and a $12.43 share price.
What is KBDC's dividend per share?
As of Oct 18, 2026, KBDC pays $1.60 per share per year, distributed on a quarterly basis.
What is KBDC's dividend payout ratio?
As of Oct 18, 2026, KBDC's payout ratio is 147% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has KBDC grown its dividend?
KBDC does not currently have a long dividend-growth streak on record.
When is the next KBDC ex-dividend date?
As of Oct 18, 2026, KBDC's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.40 per share.
KBDC Price — Last 12 Months
Daily close
Price Return
1 Year
-20%
3 Years
—
5 Years
—
52-Week Range
$12.32 – $15.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KBDC worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Kayne Anderson BDC, Inc. is $15.28 per share, versus a market price of $12.43. That implies 23% of upside — a margin of safety of about 19%.
Fair Value
$15.28
Current Price
$12.43
Upside
+23%
Margin of Safety
19%
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: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.09 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KBDC Dividend Safety Score
Borderline
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 KBDC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 16, 2026 | $0.4000 | regular |
| Jun 30, 2026 | Jul 16, 2026 | $0.4000 | regular |
| Mar 31, 2026 | Apr 16, 2026 | $0.4000 | regular |
| Dec 31, 2025 | Jan 16, 2026 | $0.4000 | regular |
| Sep 30, 2025 | Oct 16, 2025 | $0.4000 | regular |
| Jun 30, 2025 | Jul 16, 2025 | $0.4000 | regular |
| Jun 9, 2025 | Jun 24, 2025 | $0.1000 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.4000 | regular |
| Mar 3, 2025 | Mar 18, 2025 | $0.1000 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.4000 | regular |
| Dec 5, 2024 | Dec 20, 2024 | $0.1000 | regular |
| Sep 30, 2024 | Oct 15, 2024 | $0.4000 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.4000 | regular |
Income Calculator
At $1.60 / yr per share
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