earnings
confidence high
sentiment positive
materiality 0.70
Portman Ridge Q1 NII $0.89/shr, up from $0.74; dividend raised to $0.69
BCP Investment Corp
2023-Q1 EPS reported
$0.01
- NII of $8.5M ($0.89/shr) vs $7.1M ($0.74) in Q4 2022 and $7.9M ($0.82) a year ago.
- Total investment income $20.3M, up 9% QoQ and 20% YoY; core investment income $19.3M.
- NAV per share fell to $23.56 from $24.23 at Dec 31, 2022 due to net unrealized losses.
- Quarterly distribution raised to $0.69/shr for Q2 2023, third consecutive increase.
- Repurchased 35,613 shares for $0.8M in Q1 2023 under renewed buyback program.