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CCAPBullishEarningsnews
High materiality9/10

Crescent Capital BDC: A Reliable Dividend Payer

Sep 17, 2024, 5:29 AM EDT1 sourcesAI-analyzed

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CCAP's portfolio valued at $1.6 billion shows strong management performance. Current NII of $0.59 per share comfortably covers the $0.42 dividend. Only 0.8% of the portfolio is at risk of non-accrual status. CCAP's discount to NAV is lower than the historical average of 19%. The BDC's strong NII coverage supports dividend stability even amidst rate changes.

  • CCAP's portfolio valued at $1.6 billion shows strong management performance.
  • Current NII of $0.59 per share comfortably covers the $0.42 dividend.
  • Only 0.8% of the portfolio is at risk of non-accrual status.
  • CCAP's discount to NAV is lower than the historical average of 19%.
  • The BDC's strong NII coverage supports dividend stability even amidst rate changes.

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