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Solar Senior Capital (NASDAQ:SUNS) was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, AmericanBankingNews.com reports.

The analysts wrote, “Solar Senior Capital (SUNS) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”

Solar Senior Capital (NASDAQ:SUNS) traded up 0.28% during mid-day trading on Wednesday, hitting $18.04. The stock had a trading volume of 5,013 shares. Solar Senior Capital has a one year low of $17.60 and a one year high of $19.46. The stock has a 50-day moving average of $18.21 and a 200-day moving average of $18.22. The company has a market cap of $207.9 million and a price-to-earnings ratio of 25.48.

The company also recently declared a monthly dividend, which is scheduled for Friday, February 28th. Investors of record on Thursday, February 20th will be given a dividend of $0.1175 per share. This represents a $1.41 dividend on an annualized basis and a yield of 7.84%. The ex-dividend date of this dividend is Tuesday, February 18th.

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).

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