Business Wire·May 20, 2026, 5:16 PM ET

Sound Point Meridian Capital, Inc. Announces Second Fiscal Quarter 2027 Common and Preferred Distributions

Sound Point Meridian Capital, Inc. declared monthly distributions for the second fiscal quarter of 2027 (third calendar quarter of 2026) on its common, Series A Term Preferred, and Series B Term Preferred stocks.
Common stock distributions of $0.20 per share are payable on July 31, August 31, and September 30, 2026, with record dates of July 15, August 14, and September 15, 2026 respectively.
Common stock distributions are generally paid from net investment income but may include capital gains or a return of capital, with specific tax details reported on Form 1099 after the 2026 calendar year.
Series A Term Preferred Stock (8.00% due 2029) distributions of $0.16667 per share are payable on the same July, August, and September 2026 dates, reflecting an 8.00% annual rate on a $25.00 liquidation preference.
Series B Term Preferred Stock (7.875% due 2030) distributions of $0.1640625 per share are payable on the same July, August, and September 2026 dates, reflecting a 7.875% annual rate on a $25.00 liquidation preference.
The Company is an externally managed, non-diversified closed-end investment company with an objective to generate high current income through investments in third-party CLO equity and mezzanine tranches.