THL Credit (TCRD) Stock Price, News & Analysis

THL Credit, Inc. (NASDAQ:TCRD) released its quarterly earnings results on Thursday, May, 7th. The investment management company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.07. The investment management company had revenue of $7.89 million for the quarter, compared to the consensus estimate of $9.72 million. THL Credit had a positive trailing twelve-month return on equity of 10.28% and a negative net margin of 197.03%.

THL Credit (NASDAQ:TCRD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 11.08%. TCRD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TCRD will have a dividend payout ratio of 97.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCRD.

Based on aggregate information from My MarketBeat watchlists, some companies that other THL Credit investors own include Annaly Capital Management (NLY), Energy Transfer (ET), NGL Energy Partners (NGL), Prospect Capital (PSEC), Ares Capital (ARCC), Abraxas Petroleum (AXAS), PhenixFIN (MCC), SandRidge Permian Trust (PER), C3.ai (AI) and Capitala Finance (CPTA).