"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 improved outlook on the Company’s earnings power and the strength of our portfolio to navigate the current market environment."
Published first on TheFly
