Aug. 26 at 4:11 PM
$FSCO I'm looking at the report now, seeing very good things.
86% in senior secured debt is very stable. From 6/30/24 to 6/30/25 here are some numbers from the highlights.
In the last year NET ASSETS have increased from 1.419 billion to 1,448 billion while outstanding debt remained the same.
NAV per share increased from
$7.15 to
$7.30.
Cash increased from 104 million to 254 million.
If you look at all the numbers, from top to bottom, they show consistency. They recently increased their monthly dividend to .0678 making the yield over 10% and creeping up on 11%. Their EPS exceeds their dividend which is probably why the stock price has increased over the past few years.
Before investing in FSCO, I did my DD and see this as a good investment for me. I'm retired and that dividend is perfect in my situation. Now, those looking for a big price appreciation may not prefer this. It's more of a slow mover over time. If you reinvest your dividends the overall value should grow over time.
