Sunrise Realty Trust Inc Stock Price, News & Analysis

Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for December 2020, payable on January 5, 2021, to stockholders of record by December 22, 2020. This distribution continues the company's commitment to providing returns to its investors. Solar Senior Capital operates as a closed-end investment company, primarily investing in leveraged middle-market companies through senior secured loans. Forward-looking statements highlight potential risks, including the impact of COVID-19 and market volatility.

Solar Senior Capital Ltd. (NASDAQ: SUNS) reported Q3 2020 net investment income of $4.8 million ($0.30/share), with net asset value (NAV) increasing 2% quarter-over-quarter to $15.79/share. The portfolio remains robust, with 100% performing assets. The Board declared a monthly distribution of $0.10/share for November, payable on December 2, 2020. For the quarter, comprehensive investment portfolio totaled $521.6 million, with originations of $40.3 million and repayments of $55.8 million, marking a net portfolio reduction of $15.5 million.

Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for October 2020, payable on October 30, 2020, to stockholders of record by October 22, 2020. The company, categorized as a closed-end investment company and a business development company, focuses on investing in U.S. middle-market companies through cash flow senior secured loans. Investors will receive tax characteristics details on Form 1099 at year-end. Risks such as COVID-19, interest rate changes, and market volatility could affect future performance.

Solar Senior Capital Ltd. (NASDAQ: SUNS) will release its financial results for Q3 2020 on November 5, 2020, post-market. An earnings call is scheduled for November 6, 2020, at 11:30 a.m. ET, available via phone and online. Participants can dial (844) 889-7785, or (661) 378-9929 for international calls, using passcode 6735445. A replay will be available until November 20, 2020. The company specializes in investing in leveraged U.S. middle-market firms through senior secured loans.

Solar Senior Capital Ltd. (NASDAQ: SUNS) has declared a distribution of $0.10 per share for September 2020, payable on October 2, 2020, to stockholders on record as of September 24, 2020. This closed-end investment company focuses on leveraged U.S. middle market companies through cash flow senior secured loans. The specific tax characteristics of the distribution will be reported on Form 1099 after the calendar year. Solar Senior Capital reminds investors of uncertainties related to future performance due to factors like COVID-19 and market volatility.

Solar Senior Capital Ltd. (NASDAQ: SUNS) reported net investment income of $5.1 million or $0.32 per share for the quarter ending June 30, 2020. Its net asset value increased by 6.6% to $15.55 per share, reflecting strong unrealized gains. With 100% of the portfolio performing, the company declared a monthly distribution of $0.10 per share. The comprehensive investment portfolio stood at $532.4 million, with a net debt-to-equity ratio of 0.68x, showcasing solid liquidity and stable funding to pursue new investments.

Solar Senior Capital Ltd. (NASDAQ: SUNS) is set to announce its financial results for Q2 2020, ending June 30, on August 4, 2020. The announcement will follow after the market closes. An earnings conference call is scheduled for August 5, 2020, at 11:30 a.m. ET, where stakeholders can participate by dialing in or joining via a live webcast on the company's website. As a business development company, Solar Senior Capital focuses on investing in U.S. middle-market companies through secured debt instruments and asset-based loans.

Solar Senior Capital Ltd. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for June 2020, payable on July 1, 2020 to stockholders on record as of June 18, 2020. The tax characteristics of the distribution will be detailed in Form 1099 after the year-end. Solar Senior Capital operates as a specialty finance company, primarily investing in leveraged middle-market companies through secured loans. The company cautioned that forward-looking statements are subject to risks and uncertainties, particularly due to the impact of COVID-19.

Solar Senior Capital Ltd. (NASDAQ: SUNS) reported net investment income of $5.7 million ($0.35 per share) for Q1 2020. The net asset value (NAV) was $14.59 per share, down 10.6% from the end of 2019 due to unrealized depreciation. As of March 31, 2020, the company maintained a low net leverage of 0.69x and 100% of its portfolio was performing. A monthly distribution of $0.10 per share was declared for May 2020, with $220 million in available liquidity. The comprehensive investment portfolio amounted to $624.6 million.