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The latest announcement is out from Sound Point Meridian Capital, Inc. ( (SPMC) ).
On August 5, 2025, Sound Point Meridian Capital, Inc. announced the declaration of distributions on its common and preferred stock for the third fiscal quarter of 2026, covering the months of October, November, and December 2025. The company declared a monthly distribution of $0.25 per share on its common stock and $0.16667 per share on its 8.00% Series A Term Preferred Stock, as well as $0.1640625 per share on its 7.875% Series B Term Preferred Stock. These distributions reflect the company’s commitment to providing returns to its shareholders and maintaining its position in the investment industry.
The most recent analyst rating on (SPMC) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Sound Point Meridian Capital, Inc. stock, see the SPMC Stock Forecast page.
More about Sound Point Meridian Capital, Inc.
Sound Point Meridian Capital, Inc. is an externally managed, non-diversified closed-end management investment company. It focuses on generating high current income and capital appreciation by investing primarily in third-party collateralized loan obligation (CLO) equity and mezzanine tranches of U.S. dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors.
Average Trading Volume: 24,465
Technical Sentiment Signal: Strong Sell
See more data about SPMC stock on TipRanks’ Stock Analysis page.