secwatch.observer — SEC 8-K summary
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Issuer:     Logan Ridge Finance Corp. (—)
CIK:        0001571329
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001193125-24-134242
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Logan Ridge Q1 2024 NII $0.35/share, NAV $33.71, dividend raised 3% to $0.33
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- NII $0.9M ($0.35/share) vs $0.6M ($0.22) prior quarter; up 63% sequentially.
- NAV $33.71 per share from $33.34; portfolio fair value $200.1M across 62 companies.
- Net deployment $8.9M; repurchased 20,867 shares for ~$0.5M, adding $0.08 NAV.
- Q2 dividend $0.33/share (3% increase), payable May 31, record May 21.
- Debt portfolio yield 11.4% (excl. non-accruals/CLOs); non-accruals at 5.3% of portfolio fair value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571329/000119312524134242/0001193125-24-134242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571329/000119312524134242/d821160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-134242

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