Crescent Capital BDC, Inc. (NASDAQ:CCAP) to Issue Quarterly Dividend of $0.42

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Crescent Capital BDC, Inc. (NASDAQ:CCAP) has declared a quarterly dividend of $0.42 per share, payable on April 15th to shareholders of record on March 31st, implying an annual yield of approximately 12.8%. The company announced earnings per share of $0.45, surpassing analyst estimates, and reported strong revenue of $40.8 million. Despite a high dividend payout ratio of 97.7%, the dividend is currently covered by earnings, though its sustainability could be challenged if profits decline.

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