Kayne Anderson BDC, Inc. Dividends
The next dividend date for Kayne Anderson BDC, Inc. has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Kayne Anderson BDC, Inc. (KBDC)
More About Kayne Anderson BDC, Inc.
Kayne Anderson BDC, Inc. is business development company and an externally managed, closed-end, non-diversified management investment company that intends to elect to be regulated as a BDC under the 1940 Act. The fund seeks to make investments in middle-market companies. It also makes debt investments in middle-market companies and investing primarily in first lien senior secured, unitranche, and split-lien loans to privately held middle-market companies. The fund considers between 80% and 90% of its portfolio (including investments purchased with proceeds from borrowings) will be invested in first lien senior secured, unitranche and split-lien term loans. The remaining 10% to 20% of its portfolio will be invested in higher-yielding investments, including, but not limited to, second lien loans, last-out or subordinated loans, non-investment grade broadly syndicated leveraged loans, high-yield bonds, structured products (including CLO liabilities), real estate related debt securities, equity securities purchased in conjunction with debt investments and other opportunistic investments.
Owning Kayne Anderson BDC, Inc. Stock on the Dividend Date
If you own Kayne Anderson BDC, Inc. stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Kayne Anderson BDC, Inc. stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Kayne Anderson BDC, Inc. stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Kayne Anderson BDC, Inc. stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Kayne Anderson BDC, Inc. dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Kayne Anderson BDC, Inc. Dividends
You can contact us any time if you would like to ask questions about Kayne Anderson BDC, Inc. dividends or anything else related to the stock market.