Barings BDC, Inc. (NYSE: BBDC) is listed among the 15 Extreme Dividend Stocks to Buy According to Hedge Funds. Keefe Bruyette slightly reduced its price target on BBDC to $9.50 from $10 after solid third-quarter earnings. The company reported total investment income of $72.4 million and net investment income of $33.6 million.

Barings BDC’s Executive Chairman and CEO highlighted strong net investment income and robust credit performance. The company announced a quarterly dividend of $0.26 per share. BBDC focuses on providing financing solutions to privately held, mid-market businesses for acquisitions, growth initiatives, and refinancing needs. While BBDC shows potential as an investment, certain AI stocks offer greater upside potential and less downside risk.

For more financial news, check out the 15 Best Dividend Growth Stocks to Buy Now and 15 Overlooked Dividend Stocks to Buy Right Now. Disclosure: None.

Read more at Yahoo Finance: Keefe Bruyette Slightly Trims Price Target on Barings BDC (BBDC) Following Solid Earnings