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THL Credit Posts Q4 EPS Below Street; Declares Q1 Dividend of $0.27/Share

THL Credit ( TCRD ) fell more than 3% in Wednesday's afternoon trade after the company reported financial results for Q4, with net investment income declining from the prior year period and missing Street forecasts.

The direct lender to lower middle market companies posted net investment income of $0.27 per share, compared with the prior-year period's $0.28 per share. Analysts polled by Capital IQ were expecting EPS of $0.31.

The company also said its board of directors has declared a Q1 dividend of $0.27 per share payable on March 30, to stockholders of record as of March 20.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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