Sound Point Meridian Capital Inc is a US-based company operating in Capital Markets industry. The company is headquartered in New York City, New York. The company went IPO on 2024-06-14. Sound Point Meridian Capital, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objective is to generate high current income, with a secondary objective to generate capital appreciation. The company seeks to achieve its investment objectives by investing primarily in third-party collateralized loan obligations (CLO) equity and mezzanine tranches of predominately United States dollar denominated CLOs backed by corporate leveraged loans issued primarily to United States obligors. The company may also invest in other securities and instruments including, among other investments, junior debt tranches of CLOs and loan accumulation facilities. Sound Point Capital Management, LP is the investment manager of the Company.
Sound Point Meridian Capital Inc Dividend Information
Sound Point Meridian Capital Inc has an annual dividend of 2.40 per share, with a yield of 0.00%. The dividend is paid monthly and the last ex-dividend date was Mar 16, 2026.
Dividend Yield
Annual Dividend
Ex-Dividend Date
0.00%
$2.40
Mar 16, 2026
Payout Frequency
Payout Ratio
Monthly
0.00%
Dividend History
Ex-Dividend Date
Cash Amount
Record Date
Pay Date
Mar 16, 2026
$0.25
Mar 16, 2026
Mar 31, 2026
Feb 13, 2026
$0.25
Feb 16, 2026
Feb 27, 2026
Jan 15, 2026
$0.25
Jan 15, 2026
Jan 30, 2026
Dec 15, 2025
$0.25
Dec 15, 2025
Dec 31, 2025
Nov 14, 2025
$0.25
Nov 14, 2025
Nov 28, 2025
Oct 15, 2025
$0.25
Oct 15, 2025
Oct 31, 2025
Dividend Charts
SPMC Dividends
SPMC Dividend Growth (YoY)
Follow-Up Questions
What is Sound Point Meridian Capital Inc's current dividend paid and annual dividend?
The current dividend paid by Sound Point Meridian Capital Inc is $0.25. The annual dividend for Sound Point Meridian Capital Inc is $2.40
What is Sound Point Meridian Capital Inc's dividend payout ratio?
The dividend payout ratio for Sound Point Meridian Capital Inc is 0.00%
What is the ex-dividend date for SPMC?
The ex-dividend date for Sound Point Meridian Capital Inc is Mar 16, 2026.
How often does Sound Point Meridian Capital Inc pay dividends?
Quarterly. The last time Sound Point Meridian Capital Inc paid dividend was on Mar 31, 2026