Monroe Capital Corporation Announces Second Quarter Distribution of $0.25 Per Share

Rhea-AI Summary

Monroe Capital Corporation (NASDAQ: MRCC) has declared a cash distribution of $0.25 per share for Q2 2022, payable on June 30, 2022, to stockholders on record as of June 15, 2022. The company has a dividend reinvestment plan in place, allowing stockholders to reinvest distributions unless they opt for cash. Monroe Capital primarily invests in secured and unsecured debt for middle-market companies, aiming for total return through income and capital appreciation.

Positive

• Declared a cash distribution of $0.25 per share for Q2 2022.
• Dividend reinvestment plan allows automatic reinvestment of distributions.

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• None.

CHICAGO, June 01, 2022 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.25 per share for the second quarter of 2022, payable on June 30, 2022 to stockholders of record as of June 15, 2022. In October 2012, the Company adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. When the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company’s capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.

ABOUT MONROE CAPITAL CORPORATION
Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. The Company’s investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital Corporation, visit www.monroebdc.com

ABOUT MONROE CAPITAL LLC
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Miami, Naples, New York, San Francisco, and Seoul.

Monroe has been recognized by both its peers and investors with various awards including Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Private Debt Investor as the 2021 Senior Lender of the Year, 2021 Lower Mid-Market Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information, please visit www.monroecap.com.

FORWARD-LOOKING STATEMENTS
This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company’s control, and that the Company may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future. Such statements speak only as of the time when made, and the Company undertakes no obligation to update any such statement now or in the future.

SOURCE: Monroe Capital Corporation

Investor Contact:	Aaron D. Peck
	Chief Investment Officer and Chief Financial Officer
	Monroe Capital Corporation
	(312) 523-2363
	Email: apeck@monroecap.com
Media Contact:	Margaret Chase
	BackBay Communications
	(617) 391-0790 ext. 123
	Email: margaret.chase@backbaycommunications.com

FAQ

What is the cash distribution announced by Monroe Capital Corporation (MRCC) for Q2 2022?

Monroe Capital Corporation has declared a cash distribution of $0.25 per share for Q2 2022.

When will Monroe Capital Corporation (MRCC) pay the declared cash distribution?

The cash distribution will be payable on June 30, 2022.

What is the record date for the cash distribution of Monroe Capital Corporation (MRCC)?

The record date for the cash distribution is June 15, 2022.

Does Monroe Capital Corporation (MRCC) have a dividend reinvestment plan?

Yes, Monroe Capital Corporation has a dividend reinvestment plan that allows stockholders to reinvest distributions.