Business Context and Reporting Period
This Form 8-K is a current report filed by HMS Income Fund, Inc. on March 26, 2019. The filing announces the declaration of distributions for the second quarter of 2019, covering the period from April 1, 2019, to June 30, 2019.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The primary financial metric disclosed is the distribution rate:
- Distribution Rate: $0.00191781 per share of Common Stock per day.
- Payment Terms: Distributions are paid on the first business day following the completion of the month to which they relate.
- Payment Method: Cash or reinvestment in Common Stock for participants in the distribution reinvestment plan.
Material Changes
The filing does not disclose material changes in financial performance compared to prior periods. It solely reports the board's authorization of the specific daily distribution rate for the upcoming quarter.
Guidance, Outlook, and Risks
The document contains forward-looking statements regarding the timing of distribution payments. Management cautions that actual results may differ materially due to future economic, competitive, and market conditions. Investors are directed to the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2018, and quarterly reports on Form 10-Q for a detailed discussion of risks. The Company undertakes no obligation to update these forward-looking statements.
Key Facts for Investor Verification
- Verify the record date eligibility for the Q2 2019 distribution (daily record from April 1 to June 30, 2019).
- Confirm the total quarterly distribution amount based on the daily rate of $0.00191781.
- Review the Form 10-K (2018) and Form 10-Q filings for risk factors affecting the sustainability of these distributions.
- Check the specific payment dates for each month in Q2 2019, as they occur on the first business day following the month's end.