Last $14.26 USD
Change Today +0.21 / 1.49%
Volume 153.9K
TCRD On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 3:55 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

thl credit inc (TCRD) Key Developments

THL Credit, Inc. Declares Third Fiscal Quarter 2014, Payable on September 30, 2014

THL Credit, Inc. announced that its Board of Directors has declared a third fiscal quarter 2014 dividend of $0.34 per share payable on September 30, 2014, to stockholders of record as of September 15, 2014.

THL Credit, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

THL Credit, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total investment income of $23,745,000 against $22,672,000 a year ago. Net investment income was $12,887,000 against $13,273,000 a year ago. Net increase in net assets resulting from operations was $9,283,000 against $15,615,000 a year ago. Basic and diluted net investment income per common share was $0.38 against $0.49 a year ago. Net increase in net assets resulting from operations per common share basic and diluted was $0.27 against $0.58 a year ago. Net realized and unrealized loss from investments was $3,424,000 against gain of $2,101,000 a year ago. The decrease in net investment income for the quarter is primarily attributable to the dividend distributions from equity investments in the same quarter in the prior year. The decrease in net assets resulting from operations is due to larger equity distributions received in the same period of the prior year and change in unrealized appreciation on investments, benefit for taxes on unrealized gain on investments and tax provision on realized gain on investments. For the six months, the company reported total investment income of $44,641,000 against $37,095,000 a year ago. Net investment income was $23,589,000 against $20,679,000 a year ago. Net increase in net assets resulting from operations was $20,264,000 against $24,229,000 a year ago. Basic and diluted net investment income per common share was $0.70 against $0.78 a year ago. Net increase in net assets resulting from operations per common share basic and diluted was $0.60 against $0.91 a year ago. Net realized and unrealized loss from investments was $3,734,000 against gain of $3,800,000 a year ago. For the six months ended June 30, 2014, the company's operating activities used cash of $70.2 million primarily in connection with the purchase and sales of investments and its financing activities provided cash of $109.5 million from the company's net borrowings and used $23.1 million for distributions to stockholders and $1.8 million for the payment of financing and offering costs. For the six months ended June 30, 2013, the company's operating activities used cash of $77.6 million primarily in connection with the purchase and sales of investments and its financing activities provided cash of $126.3 million from net borrowings and common stock offering and used cash of $17.6 million for distributions to stockholders and $1.5 million for the payment of financing and offering costs.

THL Credit, Inc. to Report Q2, 2014 Results on Aug 11, 2014

THL Credit, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 11, 2014

THL Credit, Inc., Q2 2014 Earnings Call, Aug 12, 2014

THL Credit, Inc., Q2 2014 Earnings Call, Aug 12, 2014

THL Credit, Inc.(NasdaqGS:TCRD) dropped from Russell 2000 Index

THL Credit, Inc. will be removed from the Russell 2000 Index.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TCRD:US $14.26 USD +0.21

TCRD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for TCRD.
View Industry Companies
 

Industry Analysis

TCRD

Industry Average

Valuation TCRD Industry Range
No financial data is available for TCRD.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact THL CREDIT INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.