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PASADENA, Calif. , March 31, 2025 /PRNewswire/ -- Pasadena Private Lending Inc. ("PPL"), an affiliate of Pasadena Private Financial Group, is pleased to announce it has recently closed on a $50 million secured term loan with SLR Capital Partners, LLC ("SLR"), an independent asset manager focused on providing capital solutions to U.S.-based middle market businesses across direct lending and specialty finance asset classes.
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector.
It pays to be patient. Focusing on strong fundamentals and future prospects over market noise, can lead to consistent income at bargain prices. We discuss two excellent turnarounds with yields of up to 9%.
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
SLR Investment's recent price run and slight NAV increase prompt a hold rating due to unattractive valuation. Despite a high dividend yield of 9.4%, sustainability concerns arise from minimal excess earnings. SLRC's diversified, senior secured debt portfolio and low non-accrual rate indicate strong management but limited growth in a high-rate environment.
SLR Investment Corp. (NASDAQ:SLRC ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Corporate Participants Michael Gross - Chairman & Co-Chief Executive Officer Shiraz Kajee - Chief Financial Officer Bruce Spohler - Co-Chief Executive Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Casey Alexander - Compass Point Melissa Wedel - JPMorgan Paul Johnson - KBW Operator Good day, everyone, and welcome to the Q4 2024 SLR Investment Corp. Earnings Call. At this time, all participants are in a listen-only mode.
SLR Investment (SLRC) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.44 per share a year ago.
Net Investment Income of $0.44 Per Share for Q4 2024; Declared Quarterly Distribution of $0.41 Per Share; Stable NAV/Strong Credit Quality NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company”, “SLRC”, “we”, “us”, or “our”) today reported net investment income (“NII”) of $23.8 million, or $0.44 per share, for the fourth quarter of 2024. On February 25, 2025, the Board declared a quarterly distribution of $0.41 per share payable on March 28, 2025, to holders of record as of March 14, 2025.
Two paychecks are better than one – over 42 reliable income streams ensure financial stability, no matter what. Dividend investing provides the necessary preparedness to handle market volatility. We present a pair of securities that will support your income regardless of interest rate movements.
SLR Investment is a top choice for dividends and capital preservation due to its multi-strategy approach and conservative underwriting philosophy. SLR's shares are attractively valued, trading at a discount to net asset value and industry averages, making it a compelling buy. Key risks include potential rate cuts and economic weakness, but SLR's defensive strategy and low non-accruals mitigate these concerns.