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PTMN News and Press, Portman Ridge Finance Corporation From 05/01/20

Stock Information

Company Name: Portman Ridge Finance Corporation
Stock Symbol: PTMN
Market: NYSE
Website: kcapfinancial.com

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PTMN - Portman Ridge Finance Corporation to Report First Quarter 2020 Financial Results on May 6th, 2020; Conference Call Scheduled

NEW YORK, May 01, 2020 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the quarter ended March 31, 2020 on Wednesday, May 6th, 2020 after the markets close. The Company will host a conference call on T...

PTMN - Open Letter to Stakeholders

NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- In response to the continued uncertainty and unprecedented impact that the COVID-19 global pandemic is having on both the capital markets and economies around the world, Portman Ridge Finance Corporation (“we,” “us,”...

PTMN - Quick BDC Market Update: 18% Average Yield But Continued Volatility

BDC Stock Price Declines Business Development Companies ("BDCs") got hammered this month along with other higher-yield credit-related investments for many of the reasons discussed below. It is important for investors to understand that BDCs are mostly retail-owned and many of the investo...

PTMN - Portman Ridge Finance declares $0.06 dividend

Portman Ridge Finance (NASDAQ: PTMN ) declares $0.06/share quarterly dividend , in line with previous. Forward yield 20.87% Payable May 27; for shareholders of record May 7; ex-div May 6. See PTMN Dividend Scorecard, Yield Chart, & Dividend Growth. More news on: Portman Rid...

PTMN - Portman Ridge Finance Corporation (PTMN) CEO Ted Goldthorpe on Q4 2019 Results - Earnings Call Transcript

Portman Ridge Finance Corporation (PTMN) Q4 2019 Results Conference Call March 09, 2020 02:30 PM ET Company Participants Ted Goldthorpe - CEO Ted Gilpin - CFO Patrick Schafer - Chief Investment Officer Conference Call Participants Christopher Nolan - Ladenburg Thalman Pa...

PTMN - Portman Ridge to buy back up to $10M of shares

Portman Ridge Finance's ( PTMN -4.2% ) board approves a $10M stock repurchase program. More news on: Portman Ridge Finance Corporation, , Read more ...

PTMN - Portman Ridge Finance Corporation Announces Full Year 2019 Financial Results; Board Authorizes Stock Repurchase Program

NEW YORK, March 06, 2020 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) announces its full year 2019 financial results; Board authorizes Stock Repurchase Program Recent Developments As previously announced, the Company successfully c...

PTMN - Portman Ridge Q4 net investment income falls 4.3% vs. Q3

Portman Ridge Finance (NASDAQ: PTMN ) Q4 net investment income of $2.15M, or 6 cents per share, matches the average of two analyst estimates and compares with $2.24M, or 6 cents per share, in Q3. More news on: Portman Ridge Finance Corporation, Financial stocks news, Earnings news and co...

PTMN - Portman Ridge Finance Corporation Announces Declaration of Distribution

NEW YORK, Feb. 05, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Portman Ridge Finance Corporation (Nasdaq: PTMN) approved a cash distribution of $0.06 per share of common stock. The distribution is payable on February 28, 2020 to shareholders of record at the close of business as of F...

PTMN - Ranking Business Development Companies From Most Undervalued To Overvalued

The other day I covered business development companies in " BIZD: As High-Yield Credit Spreads Fall, BDCs Will Perform Well " that explained why I believe BDCs are a solid bet over the next few months and how the ETF BIZD is a decent way to make that bet. While I like BIZD, I believe that ...

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