Logan Ridge Finance Corporation delays 4Q and full-year 2023 earnings release due to tax issue, increases Q1 2024 distribution by 7% for fourth consecutive quarterly rise.

Logan Ridge Finance Corporation delays 4Q and full-year 2023 earnings release and conference call due to a tax-related item. Preliminary results show strong 2023 net investment income of $1.43/share, total investment income of $20.2M. The company announces a $0.32/share distribution for Q1 2024, up 7% from the prior quarter, marking the fourth consecutive quarterly increase, with total distributions in 2023 at $0.96/share.

March 13, 2024
3 Articles