RWAY / Preferreds Weekly Review: Protecting High Yields Against Redemptions

Runway Growth Finance is paying out a 13.1% regular dividend yield that's 123% covered by net investment income. The BDC is currently swapping hands a more_horizontal

Business Development Companies (BDCs) have performed well during rate hikes, unlike REITs, due to their high yields. Runway Growth Finance is a lesser more_horizontal

Runway Growth Finance Corp. (NASDAQ:RWAY ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Mary Friel - Assistant Vice more_horizontal

Runway Growth Finance Corp. (RWAY) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.45 per share. This more_horizontal

Runway Growth Capital expects its deal pipeline for loans to late-stage private companies to pick up steam in 2023 after a slower start to the year. more_horizontal

Runway Growth Finance Corp. is currently appealing due to its high dividend yield of over 11%; however, this is expected to decrease in the coming yea more_horizontal

We take a look at the action in preferreds and baby bonds through the second week of June and highlight some of the key themes we are watching. Prefer more_horizontal

Runway Growth Finance Corp. (NASDAQ:RWAY ) Q1 2023 Earnings Call Transcript May 9, 2023 5:00 PM ET Company Participants Mary Friel - Assistant Vice Pr more_horizontal