Solar Capital (SLRC) Misses Q1 EPS by 5c

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Solar Capital Ltd. Announces Quarter Ended March 31, 2015 Financial Results; Declares Quarterly Distribution of $0.40 per Share for Q2

May 5, 2015 4:01 PM EDT

NEW YORK--(BUSINESS WIRE)-- Solar Capital Ltd. (NASDAQ: SLRC), today reported net investment income of $14.4 million, or $0.34 per share, for the quarter ended March 31, 2015. Earnings are $10.9 million, or $0.26 per share, for the first fiscal quarter. Net asset value (NAV) per share was $21.91 at March 31, 2015.

Solar Capital Ltd. (the Company) also announced that its Board of Directors has declared a quarterly distribution of $0.40 per share payable on July 1, 2015 to stockholders of record on June 25, 2015. Tax characteristics of all distributions will be reported to shareholders on Form 1099 after the end of the calendar year.

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