Reports Q3 NAV per share $198.9M. Chief Executive Officer Theodore Koenig commented, “We are pleased to announce a $0.25 per share dividend for the 18th consecutive quarter. Our predominantly first lien portfolio continues to offer compelling risk-adjusted returns to our stockholders with an attractive 12.3% annualized dividend yield. We remain focused on maintaining the portfolio’s asset quality in this current economic environment and delivering consistent value for stockholders.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MRCC: