Harvest Capital Credit Corp Announces Monthly Dividend of $0.11 (HCAP)
Harvest Capital Credit Corp (NASDAQ:HCAP) announced a monthly dividend on Thursday, August 14th, Analyst RN reports. Investors of record on Monday, August 25th will be paid a dividend of 0.1125 per share on Friday, August 29th. This represents a $1.35 annualized dividend and a dividend yield of 9.58%. The ex-dividend date is Thursday, August 21st.
Several analysts have recently commented on the stock. Analysts at Keefe, Bruyette & Woods cut their price target on shares of Harvest Capital Credit Corp from $16.00 to $15.50 in a research note on Thursday. They now have an “outperform” rating on the stock. On the ratings front, analysts at Zacks upgraded shares of Harvest Capital Credit Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $15.10 price target on the stock.
Harvest Capital Credit Corp (NASDAQ:HCAP) traded up 0.35% during mid-day trading on Thursday, hitting $14.14. 31,039 shares of the company’s stock traded hands. Harvest Capital Credit Corp has a one year low of $13.55 and a one year high of $15.66. The stock’s 50-day moving average is $14.59 and its 200-day moving average is $14.72. The company has a market cap of $87.3 million and a price-to-earnings ratio of 15.73.
Harvest Capital Credit Corp (NASDAQ:HCAP) last released its earnings data on Wednesday, August 13th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.03. On average, analysts predict that Harvest Capital Credit Corp will post $1.41 earnings per share for the current fiscal year.
Harvest Capital Credit Corporation is an externally managed, non-diversified, closed-end management investment company.
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