Bain Capital Specialty Finance, Inc. Announces Dividend First Quarter of 2021, Payable on April 30, 2021
February 24, 2021 at 04:45 pm EST
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Bain Capital Specialty Finance, Inc. announced that its Board of Directors has declared a dividend of $0.34 per share for the first quarter of 2021, payable to stockholders of record as of March 31, 2021. The first quarter dividend is payable on April 30, 2021.
Bain Capital Specialty Finance, Inc. is an externally managed specialty finance company focused on lending to middle market companies. The Company's investment objective is to generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt, including first lien, first lien/last out, unitranche and second lien debt, investments in strategic joint ventures, equity investments and, to a lesser extent, corporate bonds. Its primary focus is capitalizing on opportunities within Bain Capital Creditâs Senior Direct Lending Strategy, which seeks to provide risk-adjusted returns and current income to investors by investing in middle-market companies with between $10 million and $150 million in annual earnings before interest, taxes, depreciation and amortization. It is focused on senior investments with a first or second lien on collateral and strong structures and documentation intended to protect the lender. It is managed by BCSF Advisors, LP.
BAIN CAPITAL SPECIALTY FINANCE, INC. 
