TCRD News and Press, THL Credit Inc. From 05/08/20

The following slide deck was published by THL Credit in conjunction with their 2020 Q1 earnings Read more ...

THL Credit (NASDAQ: TCRD ) declares $0.10/share quarterly dividend , -52.4% decrease from prior dividend of $0.21. Forward yield  12.9% Payable June 30; for shareholders of record June 15; ex-div June 12. See TCRD Dividend Scorecard, Yield Chart, & Dividend Growth. Mo...

THL Credit (NASDAQ: TCRD ): Q1 GAAP NII of $0.09 misses by $0.01 . Total investment income of $7.89M (-44.4% Y/Y) misses by $2.12M . Shares -4% AH. Press Release More news on: THL Credit, Earnings news and commentary, Financial stocks news, ,

BOSTON, May 07, 2020 (GLOBE NEWSWIRE) -- THL Credit, Inc.  (NASDAQ: TCRD) (“THL Credit” or the “Company”), a direct lender to middle market companies, today announced financial results for its first fiscal quarter ended March 31, 2020.  Additionally, T...

Article Follow-Up As mentioned earlier this month in " Picking Winners And Losers In The 18% Yielding BDC Sector ," Business Development Companies continue to trade at depressed values for many reasons including being considered small cap, financial sector, and high yield, all of which...

As mentioned earlier this month in " Picking Winners And Losers In The 18% Yielding BDC Sector ," Business Development Companies continue to trade at depressed values for many reasons including being considered small cap, financial sector, and high yield, all of which have been subject to ...

THL Credit's (NASDAQ: TCRD ) net asset value of $5.34 per share as of April 15, reported in connection with the pricing of its previously announced $30M stock issuance, falls 30% from Dec. 31, 2019. More news on: THL Credit, Financial stocks news, , Dividend News, , Read more ...

BOSTON, April 20, 2020 (GLOBE NEWSWIRE) -- On April 20, 2020 THL Credit, Inc. (NASDAQ: TCRD) (the “Company") sent the following letter to its stockholders to provide notice of its $30 million stock issuance and a business and financial performance update.  The full text of the l...

As mentioned last week in "Picking Winners And Losers In The 18% Yielding BDC Sector," Business Development Companies ("BDCs") continue to trade at depressed values for many reasons including being considered small cap, financial sector, and high yield, all of which have been subject to indi...

Current BDC Yields of 17% (Before Likely Cuts) Business Development Companies ("BDCs") continue to trade at depressed values for many reasons including being considered small/micro-cap, financial sector, and high-yield all of which have been subject to indiscriminate selling (including m...