Silver Spike Investment Corp. Declares Cash Dividend for First Quarter 2024
NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that Silver Spike’s board of directors has declared a cash dividend of $0.25 per share for the quarter ending March 31, 2024.
- NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Silver Spike Investment Corp. (“Silver Spike” or the “Company”) (NASDAQ: SSIC), a specialty finance company that has elected to be treated as a business development company, today announced that Silver Spike’s board of directors has declared a cash dividend of $0.25 per share for the quarter ending March 31, 2024.
- The following are the key dates for the dividend:
The Company has adopted a dividend reinvestment plan (“DRIP”) that provides for reinvestment of dividends on behalf of its stockholders, unless a stockholder elects to receive cash. - As a result, when the Company declares a cash dividend, stockholders who have not “opted out” of the DRIP in accordance with the terms of the DRIP and the procedures of their broker or other financial intermediary will have their cash dividends automatically reinvested in additional shares of the Company’s common stock.
- A stockholder whose shares are held by a broker or other financial intermediary should contact their broker or other financial intermediary as soon as possible in order to determine the time by which the stockholder must take action in order to receive dividends in cash.