Garrison Capital (GARS) Declares $0.35 Quarterly Dividend; 13.6% Yield

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Garrison Capital Inc. Declares Second Quarter 2016 Distribution of $0.35 Per Share and Announces First Quarter 2016 Financial Results and Earnings Call

May 9, 2016 5:14 PM EDT

NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Garrison Capital Inc., a business development company (NASDAQ: GARS), today announced its financial results for the first fiscal quarter ended March 31, 2016.

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

First Quarter 2016 Highlights

Net investment income for the quarter ended March 31, 2016 was $5.9 million, or $0.36 per share;Net realized loss on investments for the quarter ended March 31, 2016 was $(0.1) million, or $(0.01) per share;Net change in unrealized loss... More