earnings
confidence high
sentiment positive
materiality 0.75
SLR Investment Corp. Q1 2024 NII $0.44/share; NAV rises to $18.19; declares $0.41 dividend
SLR Investment Corp.
2024-Q1 EPS reported
$0.51
- Net investment income $23.9M ($0.44/sh) vs $22.1M ($0.41/sh) year ago; total investment income $58.1M.
- NAV per share $18.19 (up from $18.09 Dec 2023); net assets $992.1M; net debt-to-equity 1.16x.
- Quarterly distribution of $0.41/sh declared, payable June 27 to holders of record June 13.
- Comprehensive portfolio fair value $3.1B across ~800 issuers; 99.3% senior secured, 66.2% floating rate.
- Non-accruals minimal at 0.4% of portfolio (two investments); Q1 originations $260.9M, repayments $313.9M.