Solar Senior Capital Ltd. Plans Monthly Dividend of $0.12 (SUNS)
Solar Senior Capital (NASDAQ:SUNS) announced a monthly dividend on Wednesday, October 9th, Analyst Ratings News reports. Stockholders of record on Thursday, October 24th will be paid a dividend of $0.1175 per share on Friday, November 1st. This represents a $1.41 annualized dividend and a dividend yield of 7.68%. The ex-dividend date is Tuesday, October 22nd.
On the ratings front, analysts at JMP Securities cut their price target on shares of Solar Senior Capital from $19.50 to $19.00 in a research note to investors on Monday, August 5th. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. Solar Senior Capital currently has a consensus rating of “Buy” and an average price target of $19.57.
Shares of Solar Senior Capital (NASDAQ:SUNS) traded up 0.49% during mid-day trading on Wednesday, hitting $18.35. 26,241 shares of the company’s stock traded hands. Solar Senior Capital has a 52 week low of $16.68 and a 52 week high of $19.59. The stock’s 50-day moving average is $18.08 and its 200-day moving average is $18.60. The company has a market cap of $211.4 million and a P/E ratio of 21.33.
Solar Senior Capital (NASDAQ:SUNS) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.18. On average, analysts predict that Solar Senior Capital will post $1.20 earnings per share for the current fiscal year.
Solar Senior Capital Ltd. (NASDAQ:SUNS) is a closed-end, externally managed, non-diversified management investment company, which has elected to be treated as a business development company (BDC).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.