Strong Shareholder Returns
Total shareholder return during 2024 exceeded 24%, placing BBDC in the top quartile among publicly traded peers.
Stability and Growth in Portfolio
Net asset value per share remained stable at $11.29, with net investment income out-earning the dividend per share.
High Credit Quality
The portfolio's non-accrual rate decreased to 0.3% on a fair value basis, one of the lowest in the industry.
High Deployment Activity
BBDC deployed $298 million of capital during the quarter, reflecting one of the most active deployment quarters in recent history.
Special Dividend Declaration
The board declared a $0.15 supplemental dividend to be paid in three quarterly installments, equating to an 11% yield based on December's net asset value.