Crescent Capital BDC, Inc. (NASDAQ: CCAP) reported financial results for the quarter ended September 30, 2026, and announced new capital distribution and repurchase plans. For the third quarter of 2026, the company reported net investment income of $0.37 per share and net income of $0.27 per share. As of September 30, 2026, the company’s net asset value (NAV) per share was $17.72.
The company’s Board of Directors declared a regular cash dividend of $0.34 per share for the fourth quarter of 2026. This dividend is payable to stockholders of record as of December 31, 2026, with a payment date of January 15, 2027. Additionally, a previously announced special dividend of $0.03 per share will be paid on December 15, 2026, to stockholders of record as of November 30, 2026.
In a separate announcement, the Board authorized a share repurchase program of up to $50 million of the company’s common stock. Repurchases will be executed by an independent third-party broker pursuant to a Rule 10b5-1 trading plan. Separately, Sun Life announced plans to purchase up to an additional $25 million of the company’s common stock in the open market through an independent third-party broker also using a Rule 10b5-1 trading plan.
Financial highlights for the quarter include total assets of $1.601 billion and total net assets of $652.9 million. The company’s weighted average cost of debt was 6.26% as of September 30, 2026, and its net debt-to-equity ratio was 1.36x. The company invested $23.5 million across three new portfolio companies during the quarter and realized $38.7 million in aggregate exits, sales, and repayments.
Crescent BDC will host a webcast conference call on Tuesday, November 10, 2026, at 12:00 p.m. Eastern Time to discuss these results.
