RWAY BDC — Runway Growth Finance Corp.
Runway Growth Finance Corp. (RWAY)
RWAY is a BDC. As of September 3, 2026, its distribution rate is 19.79%, its trailing-12-month yield is 20.00%. Dividend Vision Distribution Safety Score™ is 39/100 (Elevated risk). Total return is 2.6% over the past 4.9 years, 79.2 points behind SPY at 81.8%.
At the current 19.79% distribution rate, a $10,000 investment would generate approximately $1,979 per year, or $164.92 per month on an equivalent basis. Actual quarterly payments vary.
RWAY dividend yield and income
Data as of September 3, 2026.
The distribution rate (19.79%) is the latest posted forward yield, paid quarterly. Trailing-12-month yield (20.00%) is the last year of payments divided by the current price. The last dividend was $0.33. The last ex-dividend date was 08/17/2026. It was paid on 08/31/2026. At 19.79%, $10,000 would generate about $1,979 a year ($164.92 monthly-equivalent).
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-08-17 | $0.33 | 0.0% |
| 2026-05-18 | $0.33 | 0.0% |
| 2026-03-10 | $0.33 | 0.0% |
| 2025-11-17 | $0.33 | -8.3% |
| 2025-08-18 | $0.36 | 2.9% |
| 2025-05-19 | $0.35 | -2.8% |
| 2025-03-31 | $0.36 | -10.0% |
| 2024-11-18 | $0.4 | -11.1% |
| 2024-08-12 | $0.45 | -4.3% |
| 2024-05-09 | $0.47 | 0.0% |
| 2024-02-09 | $0.47 | 2.2% |
| 2023-11-10 | $0.46 | 2.2% |
| 2023-08-14 | $0.45 | 0.0% |
| 2023-05-12 | $0.45 | 0.0% |
| 2023-03-06 | $0.45 | 25.0% |
| 2022-11-07 | $0.36 | 9.1% |
| 2022-08-08 | $0.33 | 10.0% |
| 2022-05-09 | $0.3 | 11.1% |
| 2022-03-07 | $0.27 | 8.0% |
| 2021-11-05 | $0.25 | — |
| 2021 total | $0.25 | — |
| 2022 total | $1.26 | 404.0% |
| 2023 total | $1.81 | 43.7% |
| 2024 total | $1.79 | -1.1% |
| 2025 total | $1.4 | -21.8% |
| 2026 YTD total | $0.99 | -7.5% vs prior-year YTD |
RWAY dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -10.2%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -24.07%.
| Window | Change |
|---|---|
| 1Y | -10.2% |
| 3Y | -22.8% |
| 5Y | 0.0% |
RWAY holdings and sector exposure
Holdings are not available for this snapshot.
RWAY performance versus SPY
Data as of September 3, 2026.
Total return is 2.6% over the past 4.9 years, 79.2 points behind SPY at 81.8%. Its deepest 1-year drawdown was 44.7%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (4.9 years) | 2.6% | 0.50% |
| 3Y CAGR | — | -7.40% |
RWAY key facts
Data as of September 3, 2026.
- Distribution Safety Score™
- 39 · Elevated risk
- Safety-Adjusted Yield
- 7.72%
- Issuer
- Runway Growth
- Asset type
- BDC
- Asset class
- Equity
- Distribution rate
- 19.79%
- Distribution frequency
- Quarterly
- Trailing yield
- 20.00%
- Last close
- $6.60
- Market cap
- $279,958,144
- Average volume
- 277324.0
- Last dividend
- $0.33
- Last ex-dividend date
- 08/17/2026
- Last payment date
- 08/31/2026
- Beta
- 0.598
- Payout ratio
- 0.898
- P/E ratio
- 27.5
- Forward P/E
- 7.4794
- EPS
- $0.24
How Dividend Vision calculates yield and returns
Distribution rate (19.79%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (20.00%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of September 3, 2026.
Primary sources: Runway Growth; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
RWAY risks and drawbacks
Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 44.7%.
Who may consider RWAY — and who may not
It is a weaker fit for investors who need monthly cash flow (RWAY pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does RWAY pay monthly?
No. RWAY currently pays quarterly, not monthly.
What is RWAY's dividend yield?
RWAY currently yields 19.79%, paid quarterly.
How has RWAY's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -10.2%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does RWAY pay a dividend?
RWAY pays quarterly. The last dividend was $0.33. The last ex-dividend date was 08/17/2026. It was paid on 08/31/2026.
How has RWAY performed?
Total return is 2.6% over the past 4.9 years, 79.2 points behind SPY at 81.8%. Its deepest 1-year drawdown was 44.7%.
Is RWAY a good investment?
RWAY's Dividend Vision Distribution Safety Score is 39 (Elevated risk). That is a risk signal, not investment advice. It currently yields 19.79%. Compare peers below rather than treating any single figure as a buy or sell.
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