Easy come, easy go

Blue Owl Capital Corporation Common Stock (OBDC), which normally makes its extra dividend in connection with the ordinary dividend, has this time chosen to postpone it until next month. (OBDC) makes its extra dividend of ¢6 on October, 15.

Crescent Capital BDC, Inc. Common Stock (CCAP) is the only holding that has yet to announce whether it intends to pay an additional dividend in September.

TriplePoint Venture Growth BDC Corp. Common stock (TPVG), on the other hand, is cutting its regular dividend by 25 percent to ¢30 from prior dividend of ¢40. (TPVG) constitutes 2% of our portfolio value, meaning this decline will be noticed. Already next month, it will be clear how noticeable (TPVG's) reduction will be for us.

In the best of worlds, some of our holdings chooses to increase its ordinary dividend so the end result is the status quo.