KCAP Financial Inc Announces Quarterly Dividend of $0.25 (KCAP)
KCAP Financial (NASDAQ:KCAP) announced a quarterly dividend on Friday, June 20th, StockRatingsNetwork reports. Investors of record on Thursday, July 3rd will be paid a dividend of 0.25 per share on Friday, July 25th. This represents a $1.00 annualized dividend and a dividend yield of 12.41%.
KCAP Financial (NASDAQ:KCAP) traded up 0.37% during mid-day trading on Friday, hitting $8.09. The stock had a trading volume of 293,243 shares. KCAP Financial has a 52-week low of $7.49 and a 52-week high of $11.48. The stock’s 50-day moving average is $7.97 and its 200-day moving average is $8.09. The company has a market cap of $267.5 million and a P/E ratio of 22.70.
KCAP Financial (NASDAQ:KCAP) last announced its earnings results on Wednesday, May 7th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. On average, analysts predict that KCAP Financial will post $0.99 earnings per share for the current fiscal year.
KCAP Financial Inc, formerly Kohlberg Capital Corp., is an internally managed business development company.