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Garrison Capital (GARS) Declares $0.28 Quarterly Dividend; 11.8% Yield

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Garrison Capital Inc. Declares Fourth Quarter 2016 Distribution of $0.28 Per Share and Announces Third Quarter 2016 Financial Results and Earnings Call

November 9, 2016 5:01 PM EST

NEW YORK, Nov. 09, 2016 (GLOBE NEWSWIRE) -- Garrison Capital Inc., a business development company (NASDAQ: GARS), today announced its financial results for the third fiscal quarter ended September 30, 2016.

References to we, us, our, the Company and Garrison Capital refer to Garrison Capital Inc. and its consolidated subsidiaries.

Third Quarter 2016 Highlights

Net investment income for the quarter ended September 30, 2016 was $2.5 million, or $0.16 per share;Net Investment Income includes $3.4 million, or $0.21 per share of non-recurring expenses associated with the refinancing of our collateralized loan obligation (CLO)... More