Bain Capital Specialty Finance, Inc. is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt. It typically invests in companies with EBITDA between $10 million and $150 million.
Bain Capital Specialty Finance Dividend Announcement
• Bain Capital Specialty Finance announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2025-01-31. Ex dividend date: 2024-12-31
• Bain Capital Specialty Finance annual dividend for 2024 was $1.80
• Bain Capital Specialty Finance annual dividend for 2023 was $1.60
• Bain Capital Specialty Finance's trailing twelve-month (TTM) dividend yield is 10.29%
• Bain Capital Specialty Finance's payout ratio for the trailing twelve months (TTM) is 87.53%
• Bain Capital Specialty Finance's dividend growth over the last five years (2018-2023) was 31.30% year
Bain Capital Specialty Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.45 | quarterly | 2025-01-31 |
2024-09-30 | $0.45 | quarterly | 2024-10-31 |
2024-06-28 | $0.45 | quarterly | 2024-07-29 |
2024-03-27 | $0.45 | quarterly | 2024-04-30 |
2023-12-28 | $0.42 | quarterly | 2024-01-31 |
2023-09-28 | $0.42 | quarterly | 2023-10-31 |
2023-06-29 | $0.38 | quarterly | 2023-07-31 |
2023-03-30 | $0.38 | quarterly | 2023-04-28 |
2022-12-29 | $0.36 | quarterly | 2023-01-27 |
2022-09-29 | $0.34 | quarterly | 2022-10-28 |
2022-06-29 | $0.34 | quarterly | 2022-07-29 |
2022-03-30 | $0.34 | quarterly | 2022-04-29 |
2021-12-30 | $0.34 | quarterly | 2022-01-28 |
2021-09-29 | $0.34 | quarterly | 2021-10-29 |
2021-06-29 | $0.34 | quarterly | 2021-07-30 |
2021-03-30 | $0.34 | quarterly | 2021-04-30 |
2020-12-30 | $0.34 | quarterly | 2021-01-29 |
2020-09-29 | $0.34 | quarterly | 2020-10-30 |
2020-06-29 | $0.34 | quarterly | 2020-07-30 |
2020-03-30 | $0.41 | quarterly | 2020-04-30 |
2019-12-30 | $0.41 | quarterly | 2020-01-30 |
2019-09-27 | $0.41 | quarterly | 2019-10-30 |
2019-06-27 | $0.41 | quarterly | 2019-07-29 |
2019-03-28 | $0.41 | quarterly | 2019-04-12 |
2018-12-28 | $0.41 | quarterly | 2019-01-14 |
Bain Capital Specialty Finance Dividend per year
Bain Capital Specialty Finance Dividend growth
Bain Capital Specialty Finance Dividend Yield
Bain Capital Specialty Finance current trailing twelve-month (TTM) dividend yield is 10.29%. Interested in purchasing Bain Capital Specialty Finance stock? Use our calculator to estimate your expected dividend yield:
Bain Capital Specialty Finance Financial Ratios
Bain Capital Specialty Finance Dividend FAQ
Other factors to consider when evaluating Bain Capital Specialty Finance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Bain Capital Specialty Finance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bain Capital Specialty Finance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bain Capital Specialty Finance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bain Capital Specialty Finance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Bain Capital Specialty Finance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bain Capital Specialty Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bain Capital Specialty Finance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Bain Capital Specialty Finance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bain Capital Specialty Finance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.