tiprankstipranks
Monroe Capital reports Q3 adjusted EPS 31c, consensus 27c
The Fly

Monroe Capital reports Q3 adjusted EPS 31c, consensus 27c

Reports Q3 NAV per share $198.9M. Chief Executive Officer Theodore Koenig commented, “We are pleased to announce a $0.25 per share dividend for the 18th consecutive quarter. Our predominantly first lien portfolio continues to offer compelling risk-adjusted returns to our stockholders with an attractive 12.3% annualized dividend yield. We remain focused on maintaining the portfolio’s asset quality in this current economic environment and delivering consistent value for stockholders.”

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App