Management continues to deliver!
- We are pleased to report continued strong earnings for the first quarter of 2016, with Adjusted Net Investment Income of $0.47 per share, well in excess of our dividend of $0.35 per share.
- We are also pleased to continue to provide our stockholders strong quarterly results, with significant dividend coverage and an increase in our per share NAV.
- Net investment income for the quarter ended March 31, 2016 totaled $5.8 million, or $0.44 per share, compared to $5.0 million, or $0.39 per share, for the quarter ended December 31, 2015
- We are excited about our recent approval for $75.0 million in additional SBA-guaranteed debentures. These additional low-cost SBA debentures offer a real tangible benefit that will allow us to continue to profitably grow our portfolio.