Bain Capital Specialty Finance (BCSF) Tops Q1 EPS by 15c

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Bain Capital Specialty Finance, Inc. Announces March 31, 2021 Financial Results and Declares Second Quarter 2021 Dividend of $0.34 per Share

May 5, 2021 5:16 PM EDT

BOSTON--(BUSINESS WIRE)-- Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the Company, our or we) today announced its financial results for the first quarter ended March 31, 2021, and that its Board of Directors has declared a dividend of $0.34 per share for the second quarter of 2021.

We delivered strong first quarter earnings results driven by higher interest income, improved credit metrics and net gains across our diversified portfolio, said Michael Ewald, Chief Executive Officer of BCSF. We also strengthened the Companys balance sheet by further diversifying our liability structure and demonstrated meaningful de-leveraging to better position BCSF to capitalize on new investment... More