Monroe Capital Q1 NII $0.25/sh covers dividend; NAV slips to $9.30

MONROE CAPITAL Corp

2024-Q1 EPS reported $0.15

Net investment income of $5.5M ($0.25/sh) and adjusted NII of $5.5M ($0.25/sh).
NAV decreased 1.1% to $201.5M ($9.30/sh) from $203.7M ($9.40/sh) in prior quarter.
Non-accrual investments rose to 2.1% of fair value from 1.5% as of Dec. 31, 2023.
Debt-to-equity leverage increased to 1.60x from 1.49x due to late-quarter investment purchases.
Annualized cash dividend yield ~13.8%; dividend of $0.25/sh covered for 16th consecutive quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MONROE CAPITAL Corp reported the first quarter ended March 31, 2024 results: net income $5.5 million, or $0.25 per share.

Period: the first quarter ended March 31, 2024
Net income: $5.5 million, or $0.25 per share
Result: reported results

Exact text from the filing

Monroe Capital Corporation BDC Announces First Quarter 2024 Results

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001512931-24-000056

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.