Solar Senior Capital Ltd. (NASDAQ:SUNS) dividends will reach $0.12 on Aug 1, 2017, and this is why.

July 17, 2017 - By Clifton Ray

 Solar Senior Capital Ltd. (NASDAQ:SUNS) dividends will reach $0.12 on Aug 1, 2017, and this is why.
Investors sentiment decreased to 2.15 in 2016 Q4. Its down 1.07, from 3.22 in 2016Q3. It fall, as 5 investors sold Solar Senior Capital Ltd shares while 8 reduced holdings. 14 funds opened positions while 14 raised stakes. 3.93 million shares or 43.69% less from 6.99 million shares in 2016Q3 were reported.
Confluence Management Ltd Co reported 89,022 shares stake. Hudock Cap Group Llc owns 339 shares or 0% of their US portfolio. Pvg Asset Mngmt has invested 0% of its portfolio in Solar Senior Capital Ltd (NASDAQ:SUNS). Qs Limited holds 0% or 437 shares. Berson And Corrado Invest Advsr Lc reported 19,185 shares. 15,300 are owned by Cetera Advsr Limited Liability Corporation. Commercial Bank Of Montreal Can has invested 0% in Solar Senior Capital Ltd (NASDAQ:SUNS). Clough Ptnrs L P reported 335,378 shares. California Public Employees Retirement Systems holds 0% or 16,400 shares. Manufacturers Life Insur Com The reported 0% stake. William Harris Investors reported 0.62% of its portfolio in Solar Senior Capital Ltd (NASDAQ:SUNS). Millennium Management Ltd Liability Corporation owns 65,691 shares. Wells Fargo & Mn owns 65,716 shares. Morgan Stanley reported 128,535 shares. Rmb Cap Mgmt Limited Liability reported 37,043 shares stake.

Solar Senior Capital Ltd. (NASDAQ:SUNS) is expected to pay $0.12 on Aug 1, 2017. The indicated annual dividend is $1.41. Shareholders owning the stock before Jul 18, 2017 will be eligible to receive the payout. Based on Solar Senior Capital Ltd.’s current price of $17.34, the dividend is 0.67 %. This dividend’s record date is Jul 20, 2017 and the announcement date is Jul 6, 2017. The stock increased 0.41% or $0.07 on July 14, reaching $17.34. About shares traded. Solar Senior Capital Ltd (NASDAQ:SUNS) has risen 10.42% since July 17, 2016 and is uptrending. It has underperformed by 6.28% the S&P500.

Solar Senior Capital Ltd. is a closed-end, externally managed, non-diversified management investment company. The company has market cap of $279.07 million. The Company’s investment objective is to seek to maximize current income consistent with the preservation of capital. It has a 11.07 P/E ratio. The Firm seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans.

Solar Senior Capital Ltd (NASDAQ:SUNS) Ratings Coverage

Among 4 analysts covering Solar Senior Capital (NASDAQ:SUNS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Solar Senior Capital has $17.50 highest and $14 lowest target. $16.38’s average target is -5.54% below currents $17.34 stock price. Solar Senior Capital had 8 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by TheStreet to “Buy” on Tuesday, August 25. The company was maintained on Thursday, August 4 by Citigroup. The company was upgraded on Saturday, August 15 by Zacks. The firm has “Buy” rating by Ladenburg Thalmann given on Friday, August 7. As per Thursday, November 5, the company rating was maintained by Maxim Group. Citigroup maintained Solar Senior Capital Ltd (NASDAQ:SUNS) on Wednesday, March 30 with “Neutral” rating. The rating was maintained by Maxim Group on Friday, February 26 with “Buy”. The firm has “Outperform” rating by Oppenheimer given on Tuesday, November 22.

More notable recent Solar Senior Capital Ltd (NASDAQ:SUNS) news were published by: Seekingalpha.com which released: “Solar Senior Capital’s (SUNS) CEO Michael Gross on Q4 2016 Results – Earnings …” on February 25, 2017, also Benzinga.com with their article: “Solar Senior Capital Ltd. Schedules the Release of its Financial Results for …” published on July 05, 2017, Reuters.com published: “BRIEF-Solar Senior Capital Ltd, Solar Senior Capital Ltd form JV with …” on February 22, 2017. More interesting news about Solar Senior Capital Ltd (NASDAQ:SUNS) were released by: Marketwired.com and their article: “Solar Senior Capital Ltd. Announces Monthly Distribution of $0.1175 Per Share …” published on July 06, 2017 as well as Marketwatch.com‘s news article titled: “17.20” with publication date: April 18, 2011.

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