Pluang Earnings
Goldman Sachs BDC's Q2 dividend falls 40% amid portfolio shrinkage and high non-accrual loans.
Goldman Sachs BDC reported a significant 40% year-over-year reduction in its Q2 dividend, primarily attributed to a shrinking investment portfolio and a high level of non-accrual loans. Despite a strong dividend coverage ratio, concerns persist regarding the company's net asset value and the long-term sustainability of its dividends due to its elevated non-accrual ratio, which is among the …