THL Credit Senior Loan Fund (NYSE:TSLF) declared a monthly dividend on Thursday, February 8th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be given a dividend of 0.096 per share by the investment management company on Wednesday, February 28th. This represents a $1.15 annualized dividend and a dividend yield of 6.86%. The ex-dividend date of this dividend is Thursday, February 15th.
THL Credit Senior Loan Fund has raised its dividend payment by an average of 4.6% annually over the last three years.
THL Credit Senior Loan Fund (NYSE TSLF) remained flat at $$16.80 during mid-day trading on Thursday. 17,377 shares of the company’s stock traded hands, compared to its average volume of 30,465. THL Credit Senior Loan Fund has a fifty-two week low of $16.30 and a fifty-two week high of $18.65.
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THL Credit Senior Loan Fund is a non-diversified, closed-end management investment company (the Fund). The Fund’s investment objective is to provide current income and preservation of capital primarily through investments in the United States dollar-denominated senior secured corporate loans and notes (Senior Loans).
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