Silver Spike Investment Corp. Reports Second Quarter 2024 Financial Results and Announces Cash Dividend of $0.25 Per Share
Silver Spike Investment Corp. (SSIC)
Company Research
Source: GlobeNewswire
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“SSIC” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be regulated as a business development company, today announced its financial results for the second quarter ended June 30, 2024. Quarter Ended 6/30/24 Highlights Total investment income of $3.1 millionNet investment income of $1.5 million, or $0.25 per shareInvestment portfolio of $53.4 million at fair valueNet asset value (“NAV”) per share decreased from $13.60 on March 31, 2024 to $13.56 on June 30, 2024A cash dividend of $0.25 per share was declared. The dividend is payable on September 27, 2024 to stockholders of record on September 19, 2024. Scott Gordon, Chairman and Chief Executive Officer of the Company, commented “While there remains some uncertainty around federal cannabis regulatory reform in the near-term, we have seen positive momentum at the state level, with several meaningful catalysts expected over th
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SSIC
Earnings
- 5/9/24 - Miss
SSIC
Sec Filings
- 9/3/24 - Form EFFECT
- 8/30/24 - Form 424B3
- 8/30/24 - Form N-14
- SSIC's page on the SEC website