v3.26.1
Dividends
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Dividends Dividends
The following table summarizes dividends declared during the years ended December 31, 2025.
For the year ended
December 31, 2025
Date DeclaredDividendRecord DatePayment DateDividend per Share
December 29, 2025Base DividendDecember 31, 2025January 30, 2026$0.51 
Total Dividends Declared$0.51 
The dividends declared during the year ended December 31, 2025 were derived from net investment income, determined on a tax basis from the BDC Election Date through December 31, 2025.
With respect to distributions, the Company has adopted an “opt out” dividend reinvestment plan for shareholders. As a result, in the event of a declared cash distribution or other distribution, each shareholder that has not “opted out” of the dividend reinvestment plan will have their dividends or distributions automatically reinvested in additional shares rather than receiving cash distributions. Shareholders who receive distributions in the form of shares will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions. A shareholder can instead elect to receive a dividend or distribution in cash by notifying the Adviser in writing, so that such notice is received by the Adviser no later than 10 days prior to the record date.
The number of shares to be issued to a shareholder under the dividend reinvestment plan will be determined by dividing the total dollar amount of the distribution payable to a shareholder by the NAV per share as of the last day of the Company’s calendar quarter immediately preceding the date such distribution was declared