Sound Point Meridian Capital Declares 2026 Distributions
- Common Stock Distribution: Sound Point Meridian Capital has declared a monthly distribution of $0.20 per share on its common stock for the second fiscal quarter of 2026, to be paid on the last day of July, August, and September, indicating the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Distribution: The company will also distribute $0.16667 per share on its 8.00% Series A Term Preferred Stock, reflecting an annual distribution rate of 8.00%, which enhances the attractiveness of this investment for shareholders.
- Series B Preferred Stock Distribution: Additionally, the 7.875% Series B Term Preferred Stock will see a distribution of $0.1640625 per share, demonstrating the company's ongoing ability to generate returns from preferred stock investments and solidifying its market position.
- Investment Objective: The company primarily invests in third-party collateralized loan obligation (CLO) equity and mezzanine tranches, aiming to generate high current income and capital appreciation, showcasing its expertise and adaptability in complex financial products.
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Sound Point Meridian Capital Declares 2026 Distributions
- Common Stock Distribution: Sound Point Meridian Capital has declared a monthly distribution of $0.20 per share on its common stock for the second fiscal quarter of 2026, to be paid on the last day of July, August, and September, indicating the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Distribution: The company will also distribute $0.16667 per share on its 8.00% Series A Term Preferred Stock, reflecting an annual distribution rate of 8.00%, which enhances the attractiveness of this investment for shareholders.
- Series B Preferred Stock Distribution: Additionally, the 7.875% Series B Term Preferred Stock will see a distribution of $0.1640625 per share, demonstrating the company's ongoing ability to generate returns from preferred stock investments and solidifying its market position.
- Investment Objective: The company primarily invests in third-party collateralized loan obligation (CLO) equity and mezzanine tranches, aiming to generate high current income and capital appreciation, showcasing its expertise and adaptability in complex financial products.
Sound Point Meridian Capital, Inc. Reports Second Fiscal Quarter Results for the Period Ending September 30, 2025
Second Fiscal Quarter Results: For the second fiscal quarter ending September 30, 2025, Sound Point Meridian Capital reported a net asset value per share of $16.91, with net investment income of $11.0 million and a GAAP net loss of $17.2 million.
Portfolio Activity: The company received $24.8 million in cash distributions from its investment portfolio and declared monthly distributions for its common and preferred stock to be paid in early 2026.
CLO Investments: As of September 30, 2025, the company had indirect exposure to approximately 1,627 unique underlying loans through its CLO investments, with a weighted average effective yield of 12.0%.
Conference Call Announcement: A conference call is scheduled for November 13, 2025, at 11:00 a.m. ET to discuss the quarterly results, with details available on the company's website.
Sound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2026 Common and Preferred Distributions
Distribution Announcements: Sound Point Meridian Capital, Inc. has declared monthly distributions of $0.25 per share on common stock and $0.16667 on Series A Term Preferred Stock for the third fiscal quarter of 2026, with specific record and payable dates outlined.
Investment Objective: The company aims to generate high current income primarily through investments in collateralized loan obligation (CLO) equity and mezzanine tranches, while also focusing on capital appreciation.
Sound Point Meridian Capital outlines $0.25 per share monthly distribution for Q3 2025 as CLO market volatility reshapes investment strategy
Financial Performance: Sound Point Meridian Capital Inc (SPMC) reported a net investment income of $13.4 million for Q4 2025, with a decline in net asset value per share to $18.78 due to unrealized losses linked to market volatility and government spending uncertainties.
Management Strategy and Outlook: The company is focusing on defensive positioning through investments in CLOs with longer reinvestment periods, while maintaining monthly distributions at $0.25 per share for Q3 2025, despite increased caution from analysts regarding market risks and portfolio performance.
Sound Point Meridian Capital Declares 2026 Distributions
- Common Stock Distribution: Sound Point Meridian Capital has declared a monthly distribution of $0.20 per share on its common stock for the second fiscal quarter of 2026, to be paid on the last day of July, August, and September, indicating the company's stable cash flow and commitment to shareholder returns.
- Preferred Stock Distribution: The company will also distribute $0.16667 per share on its 8.00% Series A Term Preferred Stock, reflecting an annual distribution rate of 8.00%, which enhances the attractiveness of this investment for shareholders.
- Series B Preferred Stock Distribution: Additionally, the 7.875% Series B Term Preferred Stock will see a distribution of $0.1640625 per share, demonstrating the company's ongoing ability to generate returns from preferred stock investments and solidifying its market position.
- Investment Objective: The company primarily invests in third-party collateralized loan obligation (CLO) equity and mezzanine tranches, aiming to generate high current income and capital appreciation, showcasing its expertise and adaptability in complex financial products.
Sound Point Meridian Capital, Inc. Reports Second Fiscal Quarter Results for the Period Ending September 30, 2025
Second Fiscal Quarter Results: For the second fiscal quarter ending September 30, 2025, Sound Point Meridian Capital reported a net asset value per share of $16.91, with net investment income of $11.0 million and a GAAP net loss of $17.2 million.
Portfolio Activity: The company received $24.8 million in cash distributions from its investment portfolio and declared monthly distributions for its common and preferred stock to be paid in early 2026.
CLO Investments: As of September 30, 2025, the company had indirect exposure to approximately 1,627 unique underlying loans through its CLO investments, with a weighted average effective yield of 12.0%.
Conference Call Announcement: A conference call is scheduled for November 13, 2025, at 11:00 a.m. ET to discuss the quarterly results, with details available on the company's website.
Sound Point Meridian Capital, Inc. Announces Third Fiscal Quarter 2026 Common and Preferred Distributions
Distribution Announcements: Sound Point Meridian Capital, Inc. has declared monthly distributions of $0.25 per share on common stock and $0.16667 on Series A Term Preferred Stock for the third fiscal quarter of 2026, with specific record and payable dates outlined.
Investment Objective: The company aims to generate high current income primarily through investments in collateralized loan obligation (CLO) equity and mezzanine tranches, while also focusing on capital appreciation.
Sound Point Meridian Capital outlines $0.25 per share monthly distribution for Q3 2025 as CLO market volatility reshapes investment strategy
Financial Performance: Sound Point Meridian Capital Inc (SPMC) reported a net investment income of $13.4 million for Q4 2025, with a decline in net asset value per share to $18.78 due to unrealized losses linked to market volatility and government spending uncertainties.
Management Strategy and Outlook: The company is focusing on defensive positioning through investments in CLOs with longer reinvestment periods, while maintaining monthly distributions at $0.25 per share for Q3 2025, despite increased caution from analysts regarding market risks and portfolio performance.
