Deutsche Bank reiterates its Buy rating and $19.75 target on Solar Senior Capital Ltd. SUNS as the company increases its monthy dividend to 10 cents.
Deutsche Bank says, “Solar Senior increased its monthly dividend to $0.10 per share for the month of December. Given the October and November dividends of $0.08 per share and $0.09 per share, respectively, 4Q dividends total $0.27 per share, which is in line with our estimate. The December dividend is payable on December 29, to stockholders of record on December 15.”
SUNS closed at $15.99 per share on Tuesday.
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