THL Credit (TCRD) Declares $0.27 Quarterly Dividend; 13.8% Yield

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THL Credit Reports First Quarter 2018 Financial Results and Declares a Dividend of $0.27 Per Share

May 2, 2018 4:05 PM EDT

BOSTON, May 02, 2018 (GLOBE NEWSWIRE) -- THL Credit, Inc. (NASDAQ: TCRD) (THL Credit or the Company), a direct lender to lower middle market companies, today announced financial results for its first fiscal quarter ended March 31, 2018.  Additionally, THL Credit announced that its Board of Directors has declared a second fiscal quarter 2018 dividend of $0.27 per share payable on June 29, 2018, to stockholders of record as of June 15, 2018.

We are focused on our stated strategy to invest in first lien loans of sponsor-backed companies and increase diversity across the portfolio, to monetize non-income producing equity securities,... More