Monroe Capital Corp Cuts Dividend by 64% Amid Portfolio Deterioration
Monroe Capital Corp (MRCC) has cut its quarterly dividend by 64% to $0.09 per share from $0.25, signaling deeper portfolio issues. The company's net investment income (NII) declined significantly in 2025, forcing it to use accumulated spillover income to maintain the dividend until it ran out. The merger with HRZN is expected to close in Q1-Q2 2026, with shareholders receiving HRZN shares and a special distribution.
Tickers: $MRCC
Topics: BDC dividend cut merger Monroe Capital Corp portfolio performance