Runway Growth Finance Declares $0.33 Quarterly Dividend
Runway Growth Finance Corp., a business development company providing growth capital financing, declared a $0.33 per share quarterly dividend. The distribution will be paid March 24, 2026 to shareholders of record on March 10, 2026.
Runway Growth Finance Corp., a business development company providing growth capital financing, declared a $0.33 per share quarterly dividend on February 25, 2026. The distribution will be paid March 24, 2026 to shareholders of record on March 10, 2026. Read more dividend announcements.
The dividend comes as the company reported net investment income of $11.6 million, or $0.32 per share, for the fourth quarter ended December 31, 2025. Total investment income for the quarter was $30.0 million, down from $33.8 million in the same period a year earlier.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.33 |
| Record Date | March 10, 2026 |
| Payment Date | March 24, 2026 |
| Declaration Date | February 25, 2026 |
Fourth Quarter Results
The company's dollar-weighted annualized yield on debt investments was 14.2% for the quarter. Total operating expenses came in at $18.4 million, compared to $19.2 million in the fourth quarter of 2024.
Net asset value stood at $485.0 million, or $13.42 per share, as of December 31, 2025. That compares to $13.79 per share a year earlier. Total net assets declined 5.8% from $514.9 million at the end of 2024.
Full Year Performance
For fiscal year 2025, Runway Growth reported total investment income of $137.3 million and net investment income of $56.9 million, or $1.55 per share. The company's total investment portfolio stood at $927.4 million at fair value.
The company completed $261.6 million in investment fundings during the year, including $86.4 million in seven new portfolio companies and $168.5 million in ten existing portfolio companies. Aggregate principal prepayments totaled $383.5 million.
Capital Position
As of December 31, 2025, Runway Growth had approximately $395.2 million in available liquidity, including $18.2 million in unrestricted cash and cash equivalents and $377.0 million in available borrowing capacity under its credit facility. The company's core leverage ratio stood at approximately 90%, down from 108% a year earlier.
In February 2026, the company issued $103.25 million in 7.25% unsecured notes due February 2031. The company also repaid its 8.54% Series 2023A Senior Notes in full on January 21, 2026.