Tag: financials
-
Main Street Capital (MAIN) increases dividend by 2%, announces special dividend of $0.30/share
Main Street Capital Corporation (NYSE: MAIN) (“Main Street”) is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.25 per share for each of January, February and March 2025. These monthly dividends, which will be payable pursuant to the table below, total $0.75 per share for the first quarter of…
-
September 2024 Portfolio Recap
September was an eventful month for Chasing the Yield. My annual income increased by $80, thanks to dividend boosts from Microsoft (MSFT) (up 11%), New Jersey Resources (NJR) (up 7.1%), and five other holdings. While there were no upgrades or downgrades in dividend safety, I closed our position in Oaktree Specialty Lending (OCSL) and used…
-
Arrow Financial (AROW) increases dividend by 3.7%
The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on October 2, 2024, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the…
-
Bank OZK (OZK) increases dividend by 2.5%
Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.41 per share, up $0.01, or 2.5% from the prior quarter. The common stock dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Bank OZK has increased its quarterly cash dividend on its common stock…
-
Oaktree Specialty Lending pressured by mounting non-accrual loans
Oaktree Specialty Lending (OSCL), a business development company (BDC) that provides credit solutions to middle-market companies, has faced rising challenges with an increasing number of troubled investments. Non-accrual loans, where borrowers have stopped making interest payments, now represent 5.7% of the firm’s portfolio, up from 2.7% in the previous quarter, contributing to write-downs totaling $182…
-
Capital Southwest (CSWC) increases dividend by 1.8%, declares special dividend $0.06 per share
Dividends: Paid $0.57 per share Regular Dividend and $0.06 per share Supplemental Dividend 122% LTM Pre-Tax NII Regular Dividend Coverage Total Dividends for the quarter ended June 30, 2024 of $0.63 per share Board of Directors approved an increase of the Regular Dividend to $0.58 per share and a Supplemental Dividend of $0.06 per share for the quarter ended September 30, 2024 Capital Southwest