Kayne Anderson BDC (NYSE:KBDC) Reaches New 52-Week Low – Should You Sell?

Posted by Patrick Bannon on Apr 6th, 2025

Shares of Kayne Anderson BDC, Inc. (NYSE:KBDC – Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $15.56 and last traded at $15.75, with a volume of 414512 shares trading hands. The stock had previously closed at $16.32.

Kayne Anderson BDC Stock Performance

The business’s 50-day moving average price is $16.92 and its 200-day moving average price is $16.62. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.66.

Kayne Anderson BDC (NYSE:KBDC – Get Free Report) last issued its quarterly earnings results on Monday, March 3rd. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.03). Kayne Anderson BDC had a return on equity of 12.65% and a net margin of 59.80%. The business had revenue of $56.34 million for the quarter, compared to analyst estimates of $53.01 million. Analysts anticipate that Kayne Anderson BDC, Inc. will post 2.06 earnings per share for the current year.

Kayne Anderson BDC Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 10.17%. The ex-dividend date is Monday, March 31st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets acquired a new stake in shares of Kayne Anderson BDC during the third quarter worth $44,000. CIBC Private Wealth Group LLC purchased a new position in shares of Kayne Anderson BDC during the 4th quarter worth approximately $46,000. BIP Wealth LLC acquired a new stake in Kayne Anderson BDC in the fourth quarter valued at $168,000. Perigon Wealth Management LLC acquired a new stake in shares of Kayne Anderson BDC in the fourth quarter valued at about $169,000. Finally, Cerity Partners LLC purchased a new stake in shares of Kayne Anderson BDC during the 4th quarter worth approximately $170,000.

About Kayne Anderson BDC

(Get Free Report)

Kayne Anderson BDC Inc is a business development company which invests primarily in first lien senior secured loans, with a secondary focus on unitranche and split-lien loans to middle market companies. Kayne Anderson BDC Inc is based in CHICAGO.