Crescent Capital BDC Declares $0.42 Quarterly Dividend, Reports 2025 Earnings
Crescent Capital BDC, Inc., a business development company, declared a $0.42 per share regular cash dividend for the first quarter of 2026. The dividend matches the prior quarter's payout.
Crescent Capital BDC, Inc. (NASDAQ: CCAP), a business development company providing financing solutions to middle-market businesses, declared a first quarter 2026 regular cash dividend of $0.42 per share. The dividend maintains the company's quarterly payout level from the previous period. Read more dividend announcements.
The dividend will be paid to stockholders of record as of March 31, 2026, with payment scheduled for April 15, 2026. The board of directors approved the distribution on February 25, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.42 per share |
| Record Date | March 31, 2026 |
| Payment Date | April 15, 2026 |
| Type | Regular Cash Dividend |
Fourth Quarter and Full Year 2025 Results
The company reported net investment income of $0.45 per share for the fourth quarter ended December 31, 2025, compared to $0.55 per share in the year-ago quarter. For the full year 2025, net investment income reached $1.81 per share.
Net income for the fourth quarter totaled $0.23 per share, down from $0.27 per share in the same period of 2024. Full year 2025 net income came to $0.93 per share.
Net asset value per share stood at $19.10 as of December 31, 2025, a decline from $19.98 a year earlier and $19.28 at the end of the third quarter.
Portfolio Composition
Total investments at fair value decreased to $1.57 billion at December 31, 2025, from $1.60 billion a year earlier. The company held positions in 184 portfolio companies at quarter-end, down from 185 companies at the end of 2024.
The portfolio maintained a 98.0% allocation to floating-rate debt investments, up from 97.3% in the prior-year period. The weighted average yield on income-producing securities at cost was 10.0% for the fourth quarter, down from 10.9% a year earlier.
Investment income for the fourth quarter totaled $40.8 million, compared to $46.4 million in the same quarter of 2024. Total net assets decreased to $706.0 million from $740.6 million year-over-year.
During the fourth quarter, the company recorded net realized gains of $3.2 million, or $0.09 per share, partially offset by net unrealized losses of $11.2 million, or $0.30 per share.