Kayne Anderson BDC (KBDC) Dividend Coverage Ratio (2021 - 2026)
Kayne Anderson BDC's (KBDC) Dividend Coverage Ratio stood at 0.25 in Q3 2026, down 71.3% from 0.87 a year earlier and down 38.1% from the prior quarter.
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Analysis
Kayne Anderson BDC (KBDC) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
On a TTM basis, Kayne Anderson BDC's Dividend Coverage Ratio came in at 0.19 as of Sep 30, 2026, down 77.0% year-over-year; for FY2025, it came in at 0.76, down 41.4% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 1.30 in FY2024 (+17.8%), 1.10 in FY2023 (-44.4%), 1.98 in FY2022 and 0.00 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from 0.00 in Q2 2023 to 5.16 in Q4 2022 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined for eight consecutive quarters, with an average decline of 45.6% over the last eight quarters.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 83.9% in Q3 2024, against a decline of 90.1% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.40 (Q2 2026), 0.63 (Q1 2026) and 0.10 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 59.08 |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 7.85 |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 5.65 |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Kayne Anderson BDC | 846.81 Mn | 776.51 Mn | - | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.25 |
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.63 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.70 |
| Dec 31, 2024 | 1.02 |
| Sep 30, 2024 | 1.32 |
| Jun 30, 2024 | 1.74 |
| Mar 31, 2024 | 1.36 |
| Dec 31, 2023 | 1.12 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 5.16 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
API Access
Kayne Anderson BDC Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=KBDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "KBDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=KBDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();