Monroe Capital reports Q2 adjusted NII 31c, consensus 25c

Reports net asset value of $9.20 per share. The company said, “We are pleased to announce a $0.25 per share dividend for the 17th consecutive quarter. Our predominantly first lien portfolio continues to offer attractive risk-adjusted returns to our shareholders with a 14.0% annualized dividend yield. Our focus remains on maintaining the portfolio’s asset quality in the face of a higher-for-longer interest rate environment and delivering value for stockholders.”