earnings
confidence high
sentiment positive
materiality 0.70
SLR Investment Corp Q4 NII $0.35/sh, FY21 NII $1.44; NAV $19.93; declares $0.41 dividend; merger with SUNS pending
SLR Investment Corp.
- Q4 2021 NII of $14.9M ($0.35/share); FY2021 NII $60.9M ($1.44/share), up from $1.40 in 2020.
- Net asset value per share $19.93 at Dec 31, 2021 vs $20.16 a year earlier.
- Board declares Q1 2022 distribution of $0.41/share, payable April 1, 2022 to holders of record March 18, 2022.
- Originated $1.1B in investments for FY2021, the most active year on record; net debt-to-equity at 0.97x.
- Merger agreement with SLR Senior Investment Corp (SUNS) expected to close H1 2022; issued $135M 3.33% Series F notes due 2027.