Capitala Finance (CPTA) Reports In-Line Q1 EPS

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Go back to Capitala Finance (CPTA) Reports In-Line Q1 EPS

Capitala Finance Corp. Reports First Quarter 2016 Results 

May 9, 2016 4:30 PM EDT

CHARLOTTE, N.C., May 09, 2016 (GLOBE NEWSWIRE) -- Capitala Finance Corp. (Nasdaq: CPTA) ("Capitala" or the Company) today announced its financial results for first quarter ended March 31, 2016. 

First Quarter Highlights 

Net investment income of $7.4 million, or $0.47 per common sharePaid $0.47 of distributions per share during the quarterExternal manager continues to permanently waive incentive fees in support of distribution coverageOriginated $27.5 million of gross investments during the quarter with a weighted average yield on debt investments of 13.5%Net asset value per share of $16.29 compared to $17.04 at year... More