Garrison Capital Inc. Declares Second Quarter 2019 Distribution of $0.23 Per Share and Announces First Quarter 2019 Financial...
May 07 2019 - 4:02PM
Garrison Capital Inc., a business development company (Nasdaq:
GARS), today announced its financial results for the first quarter
ended March 31, 2019. Net investment income for the first
quarter was $2.4 million, or $0.20 per share, and the net increase
in net assets resulting from operations was $2.4 million, or $0.15
per share. The second quarter dividend of $0.23 per share is
payable on June 21, 2019 to stockholders of record as of June 7,
2019.
Garrison Capital issued a full detailed
presentation of its first quarter 2019 results, which can be viewed
at www.garrisoncapitalbdc.com.
Earnings Conference Call
We will host an earnings conference call at 10:00
a.m. (Eastern Time) on Thursday, May 9, 2019 to discuss our first
quarter financial results. All interested parties are welcome to
participate. The conference call can be accessed at the following
dial-in number: (888) 588-0798. International callers can access
the conference call by dialing (706) 634-6548. All participants
will need to enter the Conference ID 2197934. All
participants are asked to dial-in to the conference call 10-15
minutes prior to the call so that their name and company
information can be collected.
During the earnings conference call, the Company
intends to refer to the Q1 2019 Garrison Capital Inc. Earnings
Presentation, which will be available prior to the conference call
on the Investor Relations section of the Company’s website
(www.garrisoncapitalbdc.com) under Webcasts &
Presentations.
An archived replay of the call will be available
within two hours after the call until 11:59 p.m. (Eastern Time) on
June 9, 2019. To hear the replay, please dial (855) 859-2056.
International callers, please dial (404) 537-3406. For all replays,
please enter the Conference ID 2197934.
ABOUT GARRISON CAPITAL INC.
Garrison Capital Inc. is a business development
company that primarily invests in loans to U.S. based middle-market
companies. The Company’s investment activities are managed by its
investment adviser, Garrison Capital Advisers LLC, an affiliate of
Garrison Investment Group LP (“Garrison Investment Group”). For
more information, go to http://www.garrisoncapitalbdc.com.
ABOUT GARRISON INVESTMENT GROUP
Garrison Investment Group is an alternative
investment and asset management firm founded in March 2007.
Garrison Investment Group invests opportunistically in the debt of
middle-market companies, primarily in the areas of corporate
finance, real estate finance and structured finance. For more
information, go to http://www.garrisoninv.com.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements other than statements of historical
facts included in this press release may constitute forward-looking
statements and are not guarantees of future performance or results
and involve a number of risks and uncertainties. Actual results may
differ materially from those expressed or implied in the
forward-looking statements as a result of a number of factors,
including those described from time to time in filings with the
Securities and Exchange Commission. The Company undertakes no duty
to update any forward-looking statement made herein. All
forward-looking statements speak only as of the date of this press
release.
Contact:
Garrison Capital Inc.Brian
Chasewww.garrisoncapitalbdc.com(212) 372-9590
Garrison Capital (NASDAQ:GARS)
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