Solar Capital (SLRC) Declares $0.40 Quarterly Dividend; 9.1% Yield

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Go back to Solar Capital (SLRC) Declares $0.40 Quarterly Dividend; 9.1% Yield

Solar Capital Ltd. Announces Quarter Ended September 30, 2015 Financial Results; Declares Quarterly Distribution of $0.40 per Share for Q4, 2015

November 3, 2015 4:19 PM EST

NEW YORK, NY -- (Marketwired) -- 11/03/15 -- Solar Capital Ltd. (the "Company") (NASDAQ: SLRC), today reported net investment income of $17.0 million, or $0.40 per share, for the quarter ended September 30, 2015. At September 30, 2015, net asset value (NAV) was $21.52 per share. The fair value of the Company's investment portfolio was $1.21 billion.

The Company's Board of Directors declared a fourth quarter distribution of $0.40 per share payable on January 6, 2016 to stockholders of record on December 17, 2015. The specific tax characteristics will be reported to stockholders on Form 1099 after the end of the calendar year.

HIGHLIGHTS: At September 30, 2015:... More