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Franklin BSP Capital Corporation Announces First Quarter 2026 Common Stock Distribution of $0.24 Per Share
NEW YORK, March 24, 2026--Franklin BSP Capital Corporation ("FBCC" or the "Company") announced its Board of Directors has declared a quarterly cash distribution of $0.24 per common share. The distribution is payable on or about March 31, 2026 to common stockholders of record as of March 24, 2026. The Board of Directors also declared a first quarter 2026 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.
About this update from Franklin Bsp Capital Corp
[{"type":"text","content":"NEW YORK, March 24, 2026--(BUSINESS WIRE)--Franklin BSP Capital Corporation ("FBCC" or the "Company") announced its Board of Directors has declared a quarterly cash distribution of $0.24 per common share. The distribution is payable on or about March 31, 2026 to common stockholders of record as of March 24, 2026. The Board of Directors also declared a first quarter 2026 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.","length":516,"tagName":"p"},{"type":"text","content":"About Franklin BSP Capital Corporation","length":38,"tagName":"p"},{"type":"text","content":"FBCC is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Its investment objective is to generate both current income and to a lesser extent long-term capital appreciation through debt and equity investments. FBCC is managed by Franklin BSP Capital Adviser L.L.C. (the "Adviser"), an affiliate of Benefit Street Partners L.L.C. ("BSP"), a wholly owned subsidiary of Franklin Resources, Inc. The Adviser oversees the management of FBCC’s activities and is responsible for making investment decisions with respect to FBCC’s portfolio. BSP is a leading credit-focused alternative asset management firm with approximately $92 billion in assets under management as of December 31, 2025.","length":853,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements included herein may constitute "forward-looking statements," which relate to future events or the Company’s future performance or financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about the Company, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as "anticipate," "believe," "expect," &qu...