Silver Spike Investment Corp. Declares Regular and Special Dividend
05 Settembre 2023 - 11:30PM
Silver Spike Investment Corp. (“Silver Spike” or the
“Company”), a specialty finance company that was formed to invest
across the cannabis ecosystem through investments primarily in the
form of direct loans to privately held cannabis companies, today
reminded investors that the Company’s Board of Directors declared a
cash dividend of $0.63 per share, consisting of a regular quarterly
dividend of $0.23 per share and a special dividend of $0.40 per
share.
The following are the key dates for the regular
and special dividend:
Record Date |
September 15, 2023 |
Payment Date |
September 29, 2023 |
|
|
The special dividend will be paid out of the Company's
undistributed taxable income (taxable income in excess of dividends
paid) as of March 31, 2023. The Company expects to also pay a
special dividend during the quarter ending December 31, 2023.
The Company has adopted a dividend reinvestment plan (“DRIP”)
that provides for reinvestment of dividends on behalf of its
stockholders, unless a stockholder elects to receive cash. As a
result, when the Company declares a cash dividend, stockholders who
have not “opted out” of the DRIP in accordance with the terms of
the DRIP and the procedures of their broker or other financial
intermediary will have their cash dividends automatically
reinvested in additional shares of the Company’s common stock. A
stockholder whose shares are held by a broker or other financial
intermediary should contact their broker or other financial
intermediary as soon as possible in order to determine the time by
which the stockholder must take action in order to receive
dividends in cash.
About Silver Spike Investment
Corp.Silver Spike, a specialty finance company that has
elected to be regulated as a business development company under the
Investment Company Act of 1940, as amended, was formed to invest
across the cannabis ecosystem through investments primarily in the
form of direct loans to privately held cannabis companies. Silver
Spike’s investment objective is to maximize risk-adjusted returns
on equity for its shareholders by investing primarily in secured
and unsecured debt in cannabis companies and other companies in the
health and wellness sector. Silver Spike is managed by Silver Spike
Capital, LLC, an investment manager focused on the cannabis and
alternative health and wellness industries. For more information,
please visit https://ssic.silverspikecap.com/.
Forward-Looking Statements
Certain information contained herein may
constitute “forward-looking statements” that involve substantial
risks and uncertainties. Such statements involve known and unknown
risks, uncertainties and other factors and undue reliance should
not be placed thereon. These forward-looking statements are not
historical facts, but rather are based on current expectations,
estimates and projections about the Company, its current and
prospective portfolio investments, its industry, its beliefs and
opinions, and its assumptions. Words such as “anticipates,”
“expects,” “intends,” “plans,” “will,” “may,” “continue,”
“believes,” “seeks,” “estimates,” “would,” “could,” “should,”
“targets,” “projects,” “outlook,” “potential,” “predicts” and
variations of these words and similar expressions are intended to
identify forward-looking statements. These statements are not
guarantees of future performance and are subject to risks,
uncertainties and other factors, some of which are beyond the
Company’s control and difficult to predict and could cause actual
results to differ materially from those expressed or forecasted in
the forward-looking statements including, without limitation, the
risks, uncertainties and other factors identified in the Company’s
filings with the SEC. Investors should not place undue reliance on
these forward-looking statements, which apply only as of the date
on which the Company makes them. The Company does not undertake any
obligation to update or revise any forward-looking statements or
any other information contained herein, except as required by
applicable law.
Contacts
Investors:Bill
Healybill@silverspikecap.com212-905-4933
Media:Alan Oshiki and Sydney GeverH/Advisors
AbernathySilverspikecapital@h-advisors.global212-371-5999
Grafico Azioni Silver Spike Investment (NASDAQ:SSIC)
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Da Dic 2024 a Gen 2025
Grafico Azioni Silver Spike Investment (NASDAQ:SSIC)
Storico
Da Gen 2024 a Gen 2025