Companies

Crescent Capital BDC, Inc. Announces Q4 and Full Year Results; Declares Subsequent Dividends

Published February 22, 2024

Crescent Capital BDC, Inc. has published its financial outcomes for the quarter ending December 31, 2023. Punctuating the period with a note of success, the company declared a regular dividend for the first quarter of $0.41 per share, accompanied by a supplemental dividend for the fourth quarter totaling $0.10 per share.

Comprehensive Financial Results

In its exhaustive financial synopsis, Crescent Capital BDC revealed its operating results, highlighting earnings that sustain its healthy dividend payouts. The consistent performance is reflective of the organization's astute investment acumen and operational efficiency, solidifying its standing in the financial landscape.

Dividend Declarations

Illustrating a commitment to shareholder returns, Crescent Capital BDC, Inc. has resolved to dispense a sizable first quarter regular dividend of $0.41 per share. Additionally, a fourth quarter supplemental dividend of $0.10 per share has been sanctioned, manifesting the company's robust financial position and its confidence in maintaining a stable stream of income for investors.

Amid the declarations, investors monitored the stock performance closely, marked by the ticker symbol CCAP, to gauge the immediate impact of the financial results on market position and shareholder value.

Earnings, Dividends, Financial