Jul 3, 2018 will mean $0.41 dividends for Solar Capital Ltd (NASDAQ:SLRC) shareholders.

June 19, 2018 - By Marguerite Chambers

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.08, from 1.13 in 2017Q4. It is negative, as 9 investors sold Solar Capital Ltd. shares while 30 reduced holdings. 11 funds opened positions while 30 raised stakes. 23.50 million shares or 3.50% less from 24.35 million shares in 2017Q4 were reported.
Bluecrest Cap invested 0.01% of its portfolio in Solar Capital Ltd. (NASDAQ:SLRC). Eagle Boston Investment, Massachusetts-based fund reported 388,950 shares. Cetera Ltd Liability reported 18,600 shares or 0.02% of all its holdings. Advsrs Asset Management Inc owns 287,908 shares. West Family Inc holds 2.57% in Solar Capital Ltd. (NASDAQ:SLRC) or 479,013 shares. Panagora Asset Management Inc holds 431 shares or 0% of its portfolio. Citadel Advisors reported 128,321 shares. 237,649 are held by Advisory Incorporated. State Bank Of America Corp De invested 0% in Solar Capital Ltd. (NASDAQ:SLRC). Tci Wealth Advsr Incorporated reported 25 shares. Invesco Limited invested in 0% or 150,500 shares. Arrowstreet Lp has invested 0.01% in Solar Capital Ltd. (NASDAQ:SLRC). Macquarie Gru reported 18,115 shares. Green Square Llc holds 18,391 shares or 0.06% of its portfolio. Clear Harbor Asset Limited Com has 220,495 shares.

Solar Capital Ltd (NASDAQ:SLRC) is expected to pay $0.41 on Jul 3, 2018. Shareholders owning the stock before Jun 20, 2018 will be eligible to receive the payout. Based on Solar Capital Ltd’s current price of $21.23, the dividend is 1.93 %. This dividend’s record date is Jun 21, 2018 and the announcement date is May 7, 2018. The stock decreased 0.14% or $0.03 during the last trading session, reaching $21.23. About 98,578 shares traded or 20.83% up from the average. Solar Capital Ltd. (NASDAQ:SLRC) has declined 1.09% since June 19, 2017 and is downtrending. It has underperformed by 13.66% the S&P500.

Solar Capital Ltd. is a business development firm specializing in secured debt , subordinated (unsecured) debt, minority equity, and strategic income-oriented control equity investments in leveraged middle market companies. The company has market cap of $897.20 million. 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; gas and oil; personal, food and miscellaneous services; printing and publishing; retail stores; telecommunications; textiles and leather; and utilities. It has a 12.64 P/E ratio. It also invests in life sciences with focus on specialty pharmaceuticals, medical devices, biotech, health Care Providers and services; health Care technology, enabling technologies and tools.

Solar Capital Ltd. (NASDAQ:SLRC) Ratings Coverage

Among 3 analysts covering Solar Capital (NASDAQ:SLRC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Solar Capital had 3 analyst reports since January 12, 2018 according to SRatingsIntel. Keefe Bruyette & Woods upgraded the stock to “Buy” rating in Friday, January 12 report. The rating was upgraded by JMP Securities on Tuesday, January 16 to “Market Outperform”. The stock has “Outperform” rating by Wood on Friday, January 12.

Another recent and important Solar Capital Ltd. (NASDAQ:SLRC) news was published by Seekingalpha.com which published an article titled: “Main Street Capital’s NAV, Valuation, And Dividend Compared To 13 BDC Peers (Post Q1 2018 Earnings) – Part 1” on May 24, 2018.

Solar Capital Ltd. (NASDAQ:SLRC) Institutional Positions Chart

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