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August 5 , 2021 BARINGS Barings BDC , Inc. Reports Second Quarter 2021 Results And Announces Increased Quarterly Cash Dividend CHARLOTTE , N.C. , Aug. 5 , 2021 / PRNewswire / -- Barings BDC , Inc. ( NYSE : BBDC ) ( " Barings BDC " or the " Company " ) today reported its financial and operating results for the second quarter of 2021 and announced that the Company's Board of Directors declared a quarterly cash dividend of $ 0.21 per share . BARINGS Highlights Income Statement ( dollars in millions , except per share data ) Net investment income Net realized gains Net unrealized appreciation Net increase in net assets resulting from operations Dividends paid Three Months Ended Three Months Ended June 30 , 2021 Total March 31 , 2021 Amount Per Share ( 1 ) Total Per Amount Share ( 1 ) $ 14.6 $ 0.22 $ 14.4 $ 0.22 $ 0.3 $ 0.01 $ 1.8 $ 0.03 $ 14.4 $ 0.22 $ 6.3 $ 0.10 $ 29.3 $ 0.45 $ 22.5 $ 0.34 $ 0.20 $ 0.19 ( 1 ) Based on weighted average shares outstanding during the period of 65,316,085 . Investment Portfolio and Balance Sheet ( dollars in millions , except per share data ) Investment portfolio at fair value Weighted average yield on performing debt investments , excluding short - term investments ( at principal amount ) As of June 30 , 2021 $ 1,575.1 As of March 31 , 2021 $ 1,602.1 As of December 31 , 2020 $ 1,495.8 7.4 % 7.2 % 7.1 % Total assets $ 1,806.3 $ 1,727.1 $ 1,677.0 Debt outstanding ( principal ) $ 1,043.5 $ 986.1 $ 944.7 Total net assets ( equity ) $ 744.1 $ 727.9 $ 717.8 Net asset value per share $ 11.39 $ 11.14 $ 10.99 Debt - to - equity ratio 1.40x 1.35x 1.32x Net debt - to - equity ratio ( adjusted for unrestricted cash , short - term investments and net unsettled transactions ) 1.14x 1.14x 1.04x Second Quarter 2021 Results