SmarterDividends
KBDC

Kayne Anderson BDC, Inc.

KBDC

Financial Services · Asset Management · Stock · quarterly payer

$12.43

Undervalued · +23% Add to Portfolio

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?

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.

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.

KBDC ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →KBDC dividend historyEvery payment, totals by year, raises and cutsView →

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.