StockNews.com lowered shares of Goldman Sachs BDC (NYSE:GSBD – Free Report) from a hold rating to a sell rating in a research note published on Saturday morning.
Goldman Sachs BDC Trading Up 2.1 %
Shares of GSBD stock opened at $12.05 on Friday. The business has a 50-day moving average of $12.58 and a 200 day moving average of $13.09. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Goldman Sachs BDC has a 1-year low of $11.72 and a 1-year high of $15.94. The stock has a market capitalization of $1.41 billion, a PE ratio of 17.22 and a beta of 1.06.
Goldman Sachs BDC Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Monday, March 31st will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 5.31%. This is an increase from Goldman Sachs BDC’s previous quarterly dividend of $0.05. The ex-dividend date is Monday, March 31st. Goldman Sachs BDC’s payout ratio is presently 224.56%.
Institutional Investors Weigh In On Goldman Sachs BDC
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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