Bain Capital Specialty Finance (BCSF) Tops Q3 EPS by 18c
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Bain Capital Specialty Finance, Inc. Announces September 30, 2022 Financial Results and Declares Fourth Quarter 2022 Dividend of $0.36 per Share
November 9, 2022 5:00 PM ESTBOSTON--(BUSINESS WIRE)-- Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the Company, our or we) today announced financial results for the third quarter ended September 30, 2022, and that its Board of Directors has declared a dividend of $0.36 per share for the fourth quarter of 2022.
We delivered positive third quarter earnings driven by strong interest income generated across our diversified portfolio of largely floating rate loans, which benefitted from the rise in interest rates, and the continued credit stability across our portfolio, said Michael Ewald, Chief Executive Officer of BCSF. We are raising our regular quarterly dividend by 6% to $0.36 per share to reflect our... More
