Golub Capital BDC, Inc. reported strong financial results for the third fiscal quarter ended June 30, 2023, with record Adjusted Net Investment Income of $0.44 per share. The company increased its quarterly distribution to $0.37 per share and declared a supplemental distribution of $0.04 per share. Additionally, the base management fee was permanently reduced from 1.375% to 1.0% of assets.
Record Adjusted Net Investment Income was achieved.
Credit results were strong.
The base quarterly distribution increased by more than 12% to $0.37 per share.
A supplemental distribution of $0.04 per share was declared as part of a new variable supplemental distribution framework.
No specific forward guidance was provided in the press release.