I have held this BDC for a while now and even though the analysts seem to like it it goes no where. I am considering dumping it and picking up a BDC that will have dividend increases in the future. This one does not look like that is going to happen. Any Tthoughts?
you got to be kidding. SLRC is trading at it's all time high. it spiked in price in december when they announced the purchase of crystal finance.... the price has gone up since, even with an SPO. the acquisition is immediately accretive to SLRC's NII. dividends will be raised.
I sold for a 3.00 profit. No dividend increase this quarter. Other than the initial increase after getting IPO proceeds invested-- not a single dividend increase. I hold my BDC's for steady increasing income. I thought this one would qualify but it hasn't. I'll look at again if divs start to rise. Bought some NCt with the proceeds. GLTA!