5.03.2023

Give me a break

Despite reinvesting every single dividend we've received to date, we're still just under $900 short of full-year dividends compared to the unadjusted 2023 forecast.

The only reason for this shortfall is NewtekOne, Inc. Common Stock (NEWT) changed business focus which forced them to reduce their dividend. Given the state of the world, we are considering selling off our entire holding in OFS Credit Company, Inc. Common Stock (OCCI), which would further impair our upcoming 2023 dividends.

Add to that the fact that inflation and interest rate hikes have significantly affected sales in our store, makes things a bit onerous at the moment.


No comments:

Post a Comment

Why can't it just work?

We are still missing the dividends as of December 31, 2024 regarding BlackRock TCP Capital Corp. Common Shares (TCPC) in our endowment insur...