SLRC Stock Recent News
SLRC LATEST HEADLINES
SLR Investment Corp (SLRC) Q3 2023 Earnings Call Transcript
Mr. Market offers no certainty, assurances, or guarantees with your investments. Billionaire Mark Cuban says stocks are like trading cards, with values set by the next buyer - unless they pay dividends. When the going gets tough, dividends brighten the financial path ahead, offering income stability and reliability.
SLR Investment is well-positioned to perform well in challenging conditions for the BDC industry in 2024 and beyond. Its portfolio expansion, financial flexibility, and a mix of floating and fixed-rate investments contribute to its potential to maintain financial and dividend growth. It might be the right time for investors to adjust their BDC holdings, given the potential for financial deterioration in the industry.
The previous low interest rate environment has now led to a high interest rate environment. Many companies are struggling because of this rapid change, but there's one sector that's thriving. We look at two companies from this sector that provide you with strong, high levels of income.
"Retirement is like a long vacation in Las Vegas. The goal is to enjoy it to the fullest, but not so fully that you run out of money."– Jonathan Clements. Do you plan to slowly burn your nest egg for financial warmth in retirement? Consider dividends instead to never have to worry about running out of money.
SLR is paying out an 11.15% dividend yield to its shareholders in monthly installments. This formed a 99.9% payout ratio against fiscal 2023 first quarter net investment income. Net asset value has been trending down, with price returns being pulled lower on the back of this.
SLR Investment is an attractive stock option due to its secure double-digit dividend yield, earnings growth potential, and favorable market conditions. The company benefits from increased demand for alternative financing along with higher interest rates. Its robust earnings growth power combined with low valuations offers support for share price upside.
SLR Investment Corp. (NASDAQ:SLRC ) Q1 2023 Earnings Conference Call May 11, 2023 10:00 AM ET Company Participants Michael Gross - Chairman, President & Co-CEO Bruce Spohler - Co-CEO Shiraz Kajee - CFO Conference Call Participants Melissa Wedel - JPMorgan Paul Johnson - KBW Sean-Paul Adams - Raymond James Operator Good everyone and welcome to today's Q1 2023 SLR Investment Corp. Earnings Call. At this time, all participants are in listen-only mode.
SLR Investment (SLRC) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago.
