Crescent Capital BDC, Inc. functions as a Business Development Company (BDC), managing a fund dedicated to private equity, leveraged buyouts, and providing loan capital. The firm's strategy centers on making direct investments, with a specific focus on the middle market segment. Its investment mandate is exclusively for opportunities within the United States.
Crescent Capital BDC, Inc. Reports Second Quarter 2026 Earnings Results; Declares a Third Quarter Base Dividend of $0.34 Per Share
Crescent Capital BDC reported Q2 net investment income of $13.1 million, or $0.36 per share, a decline from the prior quarter, alongside total investment income of $36.3 million.
The Board declared a third quarter base dividend of $0.34 per share, a reduction from the $0.42 regular rate paid in the prior quarter, with an additional $0.03 special dividend scheduled.
Net asset value per share decreased to $17.82 as of June 30, 2026, while the portfolio remained predominantly floating rate with a weighted average yield of 9.6%.