STOCK TITAN

SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for January 2022

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SLR Senior Investment Corp. (NASDAQ: SUNS) announced a distribution of $0.10 per share for January 2022. This payment is scheduled for February 2, 2022, to shareholders on record as of January 20, 2022. The company, recognized as a business development company, primarily invests in U.S. middle market companies through cash flow senior secured loans. The nature of the distribution's tax characteristics will be reported to stockholders on Form 1099 after the calendar year ends.

Positive
  • Declared a distribution of $0.10 per share, indicating consistent shareholder returns.
  • Company operates as a business development company, focusing on U.S. middle market investments.
Negative
  • Risks from COVID-19 and market volatility may affect future performance.
  • Uncertainties related to interest rate changes impacting financial conditions.

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of January 2022. The distribution is payable on February 2, 2022 to stockholders of record as of January 20, 2022. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

ABOUT SLR SENIOR INVESTMENT CORP.

SLR Senior Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U. S. middle market companies primarily in the form of cash flow senior secured loans, including first lien loans, and asset-based loans collateralized on a first lien basis primarily by current assets.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. SLR Senior Investment Corp. undertakes no duty to update any forward-looking statements made herein, unless required to do so by law.

Contact:
SLR Senior Investment Corp.
Investor Relations
646-308-8770


FAQ

What is the distribution amount for SLR Senior Investment Corp. (SUNS) in January 2022?

SLR Senior Investment Corp. declared a distribution of $0.10 per share for January 2022.

When is the distribution payable for SLR Senior Investment Corp. (SUNS)?

The distribution is payable on February 2, 2022.

Who is eligible to receive the distribution from SLR Senior Investment Corp. (SUNS)?

Stockholders of record as of January 20, 2022, are eligible for the distribution.

What are the tax implications of the distribution from SLR Senior Investment Corp. (SUNS)?

The tax characteristics of the distribution will be reported on Form 1099 after the end of the calendar year.

What type of investments does SLR Senior Investment Corp. (SUNS) focus on?

The company primarily invests in leveraged U.S. middle market companies through senior secured loans.

Sunrise Realty Trust, Inc.

NASDAQ:SUNS

SUNS Rankings

SUNS Latest News

SUNS Stock Data

92.25M
6.85M
1.04%
37.85%
3%
REIT - Mortgage
Real Estate Investment Trusts
Link
United States of America
WEST PALM BEACH