Sound Point Meridian Capital, Inc. (NYSE:SPMC - Get Free Report) declared a monthly dividend on Tuesday, August 5th. Investors of record on Wednesday, October 15th will be paid a dividend of 0.25 per share on Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 17.2%. The ex-dividend date of this dividend is Wednesday, October 15th.
Sound Point Meridian Capital Stock Down 1.9%
Shares of NYSE:SPMC opened at $17.40 on Monday. The stock has a market cap of $352.00 million, a PE ratio of 12.25 and a beta of 0.22. The company's fifty day moving average is $17.84 and its 200 day moving average is $18.15. Sound Point Meridian Capital has a 52 week low of $16.26 and a 52 week high of $22.30.
Sound Point Meridian Capital (NYSE:SPMC - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.56 by ($0.03). The company had revenue of $19.21 million for the quarter, compared to the consensus estimate of $20.72 million.
About Sound Point Meridian Capital
(
Get Free Report)
Sound Point Meridian Capital Inc is an externally managed, non-diversified closed-end management investment company. Its investment objective is to generate high current income, with a secondary objective to generate capital appreciation, by investing primarily in third-party collateralized loan obligation equity and mezzanine tranches.
Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sound Point Meridian Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sound Point Meridian Capital wasn't on the list.
While Sound Point Meridian Capital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for October 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.