MRCC News and Press, Monroe Capital Corporation From 10/20/23

CHICAGO, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that it will report its third quarter 2023 financial results on Wednesday, November 8, 2023, after the close of the financial markets. The Company will host a w...

2023-09-27 15:39:44 ET Summary This article compares the returns for two of the higher yield sectors - real estate investment trusts (REITs) and business development companies (BDCs). BDCs have easily outperformed REITs over the short and long term, as discussed below, along with ...

2023-09-19 05:30:00 ET Summary This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. We discuss the interest expense and asset covera...

2023-08-30 10:42:15 ET Summary Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is currently trading at the lowest multiple of NAV (35% discount) due to being a lower-quality business de...

2023-08-29 07:58:57 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses ARCC's dividend coverage comparing the recently reported results to my base, best, and worst pr...

2023-08-22 13:04:27 ET Summary Many BDCs have been reducing their fee structures, which has been attracting higher quality and institutional investors to the sector. We recently sent out a "Buy" recommendation discussing GBDC's reduction in management fees driving increased divide...

2023-08-10 16:50:28 ET Monroe Capital (MRCC) Q2 2023 Results Conference Call August 10, 2023 11:00 AM ET Company Participants Ted Koenig - Chief Executive Officer Mick Solimene - Chief Financial Officer & Chief Investment Officer Alex Parmacek - Deputy Portfo...

2023-08-09 16:10:22 ET Monroe Capital press release ( NASDAQ: MRCC ): Q2 Adjusted Net Investment Income of $0.28 per share. Total investment income of $16.35M, vs. $16.80M. For further details see: Monroe Capital reports Q2 results

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2023. Except where the context suggests otherwise, the terms “Monroe,” “we,” ...

2023-08-03 06:15:00 ET Summary This article discusses dividend coverage for two of the larger and more well-known BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including credit quality, previous dividend in...