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Garrison Capital (NASDAQ:GARS) declared a quarterly dividend on Tuesday, August 12th, AnalystRatings.NET reports. Investors of record on Friday, September 12th will be given a dividend of 0.35 per share on Friday, September 26th. This represents a $1.40 dividend on an annualized basis and a yield of 9.71%. The ex-dividend date of this dividend is Wednesday, September 10th.

A number of research firms have recently commented on GARS. Analysts at Wunderlich initiated coverage on shares of Garrison Capital in a research note on Tuesday, July 1st. They set a “buy” rating and a $16.50 price target on the stock. On a related note, analysts at Robert W. Baird downgraded shares of Garrison Capital from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $15.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Ladenburg Thalmann initiated coverage on shares of Garrison Capital in a research note on Monday, June 2nd. They set a “neutral” rating on the stock.

Shares of Garrison Capital (NASDAQ:GARS) traded up 0.35% during mid-day trading on Tuesday, hitting $14.47. The stock had a trading volume of 63,464 shares. Garrison Capital has a 1-year low of $13.68 and a 1-year high of $15.40. The stock has a 50-day moving average of $14.70 and a 200-day moving average of $14.45.

Garrison Capital (NASDAQ:GARS) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.01. On average, analysts predict that Garrison Capital will post $1.25 earnings per share for the current fiscal year.

Garrison Capital Inc, (NASDAQ:GARS) is a non-diversified closed-end management investment company.

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