Solar Capital Ltd. ($SLRC) To Go Ex-Dividend On September 16, 2020

Solar Capital Ltd. (NASDAQ:SLRC) will begin trading ex-dividend on September 16, 2020. The quarterly dividend payment of $ 0.41 per share is scheduled to be paid on October 2, 2020. The dividend yield based on the latest trading day closing price was 9.65 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..

Dividends History

Click Here For More Historical Dividends Of Solar Capital Ltd.

Solar Capital Ltd. recently reported second quarter financial results on August 4, 2020, after market close, the New York based company announced income for the second quarter of $ 0.34 per share, from the revenue of $ 28.62 million. The quarterly earnings reduced 22.73 percent while revenues reduced 26.01 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.35 per share from $ 32.07 million in revenue. The bottom line results missed street analysts by $ 0.01 or 2.86 percent, at the same time, top line results fell short of analysts by $ 3.45 million or 10.76 percent.

Stock Performance

Shares of Solar Capital Ltd. traded up $ 0.34 or 2.04 percent on Monday, reaching $ 16.99 with volume of 150.30 thousand shares. Solar Capital Ltd. has traded high as $ 17.20 and has cracked $ 16.60 on the downward trend

The closing price of $ 16.99, representing a 124.39 % increase from the 52 week low of $ 7.42 and a 21.61 % decrease over the 52 week high of $ 21.24.

The company has a market capital of $ 718.01 million and is part of the Financial Services sector and Asset Management industry.

Solar Capital Ltd. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The fund invests in aerospace and defense; air freight & logistics; asset management; automotive; banking; beverage, food and tobacco; building products; buildings and real estate; broadcasting and entertainment; cargo transport; commercial services and supplies; communications equipment; chemicals, plastics and rubber; containers, packaging and glass; construction & engineering; diversified/conglomerate manufacturing; consumer Finance; distributors; diversified/conglomerate services; diversified financial services; diversified real estate sctivities; food products; Footwear; Education Services; diversified telecommunications services; electronics; farming and agriculture; finance; grocery; health care equipment and supplies; health care facilities; education and childcare; home and office furnishing, durable consumer products; hotels, motels, inns and gaming; insurance; restaurants, leisure, amusement, and entertainment; leisure equipment tolls and services, media, multiline retail, multi sector holdings; paper and forest products; personal products; professional services, research and consulting services, software; specialty retail; textiles apparel and luxury goods, thrifts and mortgage finance, trading companies and distributors, utilities, and wireless telecommunication services; industrial conglomerates; internet software and services, IT services, machinery; mining, steel, iron, and non precious metals; oil and gas; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities.