THL Credit (TCRD) Declares $0.27 Quarterly Dividend; 10.5% Yield

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THL Credit (TCRD) PT Lowered to $10 at Jefferies Following 4Q Earnings Report

March 13, 2017 7:05 AM EDT

Jefferies lowered its price target on THL Credit (NASDAQ: TCRD) to $10.00 (from $11.00) while maintaining a Hold rating. 4Q NOI per share of $0.28 declined $0.04 QoQ and was below $0.31 forecasts, primarily as a result of yield compression and some 1x EPS headwinds.

Analyst Kyle Joseph... More