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OBDC reported Q2 2024 EPS of 48 cents, beating estimates slightly. Investment income rose 0.6% year-over-year, totaling $396.8 million in Q2. Debt increased to $7.4 billion, but operational savings expected from upcoming merger. A new share repurchase plan allows for $150 million in buybacks in 2024. Third-quarter 2024 dividend declared at 37 cents per share.
- OBDC reported Q2 2024 EPS of 48 cents, beating estimates slightly.
- Investment income rose 0.6% year-over-year, totaling $396.8 million in Q2.
- Debt increased to $7.4 billion, but operational savings expected from upcoming merger.
- A new share repurchase plan allows for $150 million in buybacks in 2024.
- Third-quarter 2024 dividend declared at 37 cents per share.
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