StockNews.com lowered shares of Goldman Sachs BDC (NYSE:GSBD – Free Report) from a hold rating to a sell rating in a research report released on Saturday.
Goldman Sachs BDC Price Performance
Shares of NYSE:GSBD opened at $12.21 on Friday. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 17.44 and a beta of 1.06. The business has a 50 day moving average price of $12.58 and a 200 day moving average price of $13.07. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC has a twelve month low of $11.72 and a twelve month high of $15.94.
Goldman Sachs BDC Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Monday, March 31st will be paid a $0.16 dividend. This is an increase from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date is Monday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 5.24%. Goldman Sachs BDC’s dividend payout ratio (DPR) is presently 224.56%.
Institutional Inflows and Outflows
Goldman Sachs BDC Company Profile
Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.
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