Monroe Capital's 64% Dividend Cut Signals Deeper Portfolio Trouble Ahead
Monroe Capital Corp faced a 64% dividend cut due to unsustainable payouts, raising concerns about the safety of future dividends amid a pending merger.
PennantPark's 14% yield is running on fumes as dividend coverage cracks
Net investment income per share has not covered the quarterly distribution for at least four consecutive quarters. Q1 2026 NII came in at $0.27 per share against a declared distribution of $0.3075.