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Stock impact report

Solar Capital Ltd. Announces Quarter Ended September 30, 2017 Financial Results: Net Investment Income Per Share of $0.41; Declares Quarterly Distribution of $0.40 Per Share for Q4, 2017 a...

SLR Investment Corp. - Closed End Fund (SLRC) 
Last slr investment corp. - closed end fund earnings: 2/20 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: solarcapltd.com/companyoverview
Company Research Source: GlobeNewswire
NEW YORK, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Solar Capital Ltd. (NASDAQ:SLRC) (the “Company” or “Solar Capital”), today reported net investment income of $17.3 million, or $0.41 per share, and net income of $17.2 million, or $0.41 per share, for the third quarter. At September 30, 2017, net asset value (NAV) was $21.80 per share, up $0.01 per share from the prior quarter. At quarter end, the investment portfolio was 100% performing. At September 30, the fair value of the Company’s Comprehensive Investment Portfolio* was $1.67 billion. On November 2, 2017, the Company’s board of directors (the “Board”) amended the First Amended and Restated Investment Advisory and Management Agreement Between Solar Capital Ltd. and Solar Capital Partners, LLC, lowering the base management fee payable thereunder from 2.0% per annum to 1.75% per annum, effective as of January 1, 2018. Also on November 2, 2017, the Board declared a fourth quarter distribution of $0.40 per share payable on January 4, 2 Show less Read more
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