CEO Robert Ladd stated, “I am pleased to report solid operating results for the quarter ended March 31, 2024, in which net asset value grew by 15c per share and U.S. GAAP net investment income of 42c per share and core net investment income of 44c per share covered the regular dividend declared of 40c per share. Our loan portfolio is yielding 11.9%, as of March 31, 2024. We have completed over eleven years of operations, during which our investors have received a total of $252M in distributions, equivalent to $15.35 per share.”
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