06:58 AM EDT, 05/07/2024 (MT Newswires) -- Bain Capital Specialty Finance ( BCSF ) reported Q1 earnings Monday of $0.53 per share, up from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Total investment income for the quarter ended March 31 was $74.5 million, down from $74.7 million a year earlier.

Analysts surveyed by Capital IQ expected $71.3 million.

The company said its Board of Directors declared a dividend of $0.42 per share for Q2 payable to stockholders of record as of June 28 as well as an additional dividend of $0.03 per share that was previously announced on Feb. 27 payable to stockholders of record as of June 28.