Garrison Capital Inc. Declares First Quarter 2020 Distribution of $0.15 Per Share and Announces Fourth Quarter and Fiscal Year Ended December 31, 2019 Financial Results and Earnings Call

Mar 12, 2020

NEW YORK, March 12, 2020 (GLOBE NEWSWIRE) -- Garrison Capital Inc. (the “Company”), a business development company (Nasdaq: GARS), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019. Net investment income for the quarter and year ended December 31, 2019 was $2.5 million, or $0.16 per share, and $12.6 million, or $0.79 per share, respectively. The net decrease in net assets resulting from operations for the quarter and year ended December 31, 2019 was $6.2 million, or $0.38 per share, and $18.9 million, or $1.17 per share, respectively. The Company’s Board of Directors declared a first quarter dividend of $0.15 per share payable on March 31, 2020 to stockholders of record as of March 20, 2020.

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