|Bid||0.7450 x 800|
|Ask||0.7721 x 1100|
|Day's Range||0.7320 - 0.9000|
|52 Week Range||0.2800 - 3.6500|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 15, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 27, 2020|
|1y Target Est||3.00|
Sierra Income Corporation ("Sierra" or the "Company") today announced that its Board of Directors has determined to continue the temporary suspension of the monthly distributions on the shares of the Company's common stock to enhance financial flexibility. Shareholder distributions, including both cash and through the distribution reinvestment plan, will be suspended through September 30, 2020. The Company expects to evaluate resumption of monthly distributions at a future date. The Company believes that it is in the best long-term interests of its shareholders to maintain a conservative approach to its distribution policy during this volatile economic environment.
Medley Capital Corporation (MCC) (MCC) (the “Company”) announced today that, on June 12, 2020, the board of directors of the Company (the “Board”), including its special committee (the “Special Committee”), has approved an expense support agreement (the “Expense Support Agreement”) under which MCC Advisors LLC and Medley LLC agreed (jointly and severally) to cap the management fee and all of the Company’s other operating expenses (except interest expenses, certain extraordinary strategic transaction expenses, and other expenses approved by the Special Committee at $667,000 per month (the “Cap”). The Cap is expected to result in a material reduction in the Company’s expenses.
In this article we will check out the progression of hedge fund sentiment towards Medley Management Inc (NYSE:MDLY) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]