BDCs
NII Coverage Ratio: Is a BDC Dividend Actually Covered?
NII coverage ratio shows whether a BDC dividend is earned, thinly supported, or dependent on income quality that may not last.
BDCs
NII coverage ratio shows whether a BDC dividend is earned, thinly supported, or dependent on income quality that may not last.
BDCs
A BDC dividend is the last payment in a chain that begins with a private borrower. Here is how cash becomes income, coverage and, finally, a shareholder distribution.