SLRC faces rate headwinds yet keeps dividend flat; here’s what’s propping up the stock

AI summary

SLR Investment Corp. (NASDAQ:SLRC) functions like an income ETF for many investors: a diversified pool of private-credit loans that throws off a 10.5% yield. The business development company just closed a year where full-year net investment income of $1.59 per share came in below its $1.64 annualized distribution, yet shares are $15 today and up ... SLRC faces rate headwinds yet keeps dividend flat; here’s what’s propping up the stock