+ Watch SLRC
on My Watchlist
Nice dividend, solid business model.
not buying for the portfolio most likely...but worth a caps chance (this means that the stock will probably double in 6 months!)
SLRC has increasing revenues and profits as well as an 11% dividend.
I have some experience with BDC companies. I like the insider buying here. It was recently featured on CNBC, usually I don't listen too much to Cramer but see more here:Last quarter, the specialty lending company [SLRC 22.02 1.24 (+5.97%) ] reported a nine percent decrease in its book value. But the “Mad Money” host isn’t worried because SLRC isn’t having trouble with its portfolio of loans. He said it had to mark their book value to market on September 30th, back when “panic was still rampant.”What’s more, Solar Capital has a huge 11.5 percent yield, and CEO Michael Gross told Cramer it could still go higher.“Our dividend is very, very secure,” Gross said. “And frankly because we are under-levered today, as we invest the balance of our capital, we should be able to increase our dividend over time.”http://www.cnbc.com/id/45154022?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
You wanna know the truth?You can't handle the truth.
Seth Klarman likes it.
great div and upward chart
just another diversification.
Seth Klarman - Baupost
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