StockNews.AI
RWAY
StockNews.AI
103 days

Runway Growth Finance Corp. Announces Second Quarter Regular Dividend of $0.33 and $0.02 Supplemental Distribution

1. RWAY declares a cash distribution of $0.33 per share for Q2 2025. 2. Supplemental dividend of $0.02 per share also announced for Q2 2025. 3. Cash distributions depend on earnings and financial conditions. 4. The company has a dividend reinvestment plan for shareholders opting in. 5. Runway Growth provides flexible capital solutions for late-stage companies.

Earnings
+1.89%Current Return
VS
+0.56%S&P 500
$8.9805/08 08:35 AM EDTEvent Start
$9.1505/09 03:31 PM EDTLatest Updated
5m saved
Insight
Article

FAQ

Why Bullish?

Regular cash distributions generally signal financial stability, potentially attracting investors. Similar announcements in the past have led to positive stock reactions, reflecting confidence in future performance.

How important is it?

The announcement of dividends serves as a major indicator of company health, likely boosting investor interest. Given RWAY's financial metrics, the likelihood of sustaining or increasing dividends underpins this positive sentiment.

Why Short Term?

The declared dividends are immediate and set to impact investor sentiment soon. As distributions are made quarterly, they will likely influence RWAY's stock in the near term.

Related Companies

BDCSTPZMSD
May 08, 2025 08:30 ET  | Source: Runway Growth Finance Corp. MENLO PARK, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that its Board of Directors has declared a second quarter 2025 regular cash distribution of $0.33 per share. In addition, the Board of Directors declared a supplemental dividend of $0.02 per share, for the second quarter of 2025. The following shows the key dates of the second quarter 2025 dividend, including the supplemental dividend: Declaration Date: May 7, 2025Record Date: May 19, 2025Payment Date: June 3, 2025 Runway Growth generally intends to distribute, out of assets legally available for distribution, substantially all of its available earnings, on a quarterly basis, subject to the discretion of the Board of Directors. Any distribution by the Company will depend on the Company's earnings, financial condition, maintenance of regulated investment company status for income tax purposes, compliance with applicable business development company regulations and such other factors as the Board of Directors may deem relevant from time to time. The Company also maintains an “opt out” dividend reinvestment plan, as amended, for its stockholders. As a result, if the Company declares a distribution, then stockholders who have not opted out of the dividend reinvestment plan will have their cash dividends automatically reinvested in additional shares of the Company’s common stock. About Runway Growth Finance Corp. Runway Growth is a growing specialty finance company focused on providing flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity. Runway Growth is a closed-end investment fund that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Runway Growth is externally managed by Runway Growth Capital LLC, an established registered investment adviser that was formed in 2015 and led by industry veteran David Spreng. For more information, please visit www.runwaygrowth.com. Forward-Looking Statements Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth’s filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. IR Contacts: Taylor Donahue, Prosek Partners, rway@prosek.com Thomas B. Raterman, Chief Financial Officer and Chief Operating Officer, tr@runwaygrowth.com

Related News