THL Credit Senior Loan Fund (NYSE:TSLF) announced a monthly dividend on Thursday, February 8th, Wall Street Journal reports. Investors of record on Friday, February 16th will be paid a dividend of 0.096 per share by the investment management company on Wednesday, February 28th. This represents a $1.15 dividend on an annualized basis and a yield of 6.78%. The ex-dividend date of this dividend is Thursday, February 15th.
THL Credit Senior Loan Fund has raised its dividend by an average of 4.6% per year over the last three years.
Shares of THL Credit Senior Loan Fund (NYSE TSLF) opened at $16.98 on Wednesday. THL Credit Senior Loan Fund has a 12-month low of $16.30 and a 12-month high of $18.65.
In related news, CEO Sam W. Tillinghast sold 2,500 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $16.76, for a total value of $41,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
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THL Credit Senior Loan Fund Company Profile
THL Credit Senior Loan Fund is a non-diversified, closed-end management investment company (the Fund). The Fund’s investment objective is to provide current income and preservation of capital primarily through investments in the United States dollar-denominated senior secured corporate loans and notes (Senior Loans).
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