secwatch.observer — SEC 8-K summary
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Issuer:     MONROE CAPITAL Corp (—)
CIK:        0001512931
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001512931-24-000056
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512931/000151293124000056/0001512931-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512931/000151293124000056/mrcc-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001512931-24-000056

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