Solar Senior Capital (SUNS) Declares $0.1175 Monthly Dividend; 9.2% Yield

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Solar Senior Capital Ltd. Announces Quarter Ended June 30, 2015 Financial Results; Declares Monthly Distribution of $0.1175 per Share for August 2015

August 4, 2015 4:40 PM EDT

NEW YORK, NY -- (Marketwired) -- 08/04/15 -- Solar Senior Capital Ltd. (NASDAQ: SUNS) today reported earnings of $2.9 million, or $0.25 per share, for the quarter ended June 30, 2015. Net investment income, excluding non-recurring expenses, was $4.2 million or $0.36 per share. Including approximately $0.8 million of non-recurring expenses related to the amendment and extension of our credit facility, reported net investment income was $3.3 million or $0.29 per share for the second quarter. At June 30, 2015, Net asset value (NAV) per share was $17.55.

Solar Senior Capital Ltd. (the "Company") also announced that its Board of Directors has declared a monthly distribution... More