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Crescent Capital BDC president Henry Chung buys $27,225 in stock

Crescent Capital BDC president Henry Chung buys $27,225 in stock

Crescent Capital BDC president, Henry Chung, acquired an additional 2,500 shares of the company's common stock on August 19, 2026, for a total of $27,225. This investment was made as the stock price hovered near its lowest point in 52 weeks, currently trading at $10.71, a decline of approximately 19% year-to-date. Mr. Chung now owns a total of 23,917 shares, including 695 shares acquired through dividend reinvestment in earlier 2026, which had not been previously reported.

The company's dividend yield stands at around 13.6%, presenting a valuable return for investors. Despite recent financial results falling short of expectations, Crescent Capital BDC clarified that its net investment income was sufficient to cover its dividend obligations and fund a special payout. Keefe, Bruyette & Woods recently downgraded the company's stock rating to Market Perform, citing weakening earnings and a decline in net asset value.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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