Harvest Capital Credit Corp (HCAP) Plans Monthly Dividend of $0.11
Harvest Capital Credit Corp (NASDAQ:HCAP) declared a monthly dividend on Thursday, August 14th, American Banking and Market News reports. Stockholders of record on Thursday, September 18th will be given a dividend of 0.1125 per share on Thursday, September 25th. This represents a $1.35 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend is Tuesday, September 16th.
A number of analysts have recently weighed in on HCAP shares. 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.
Shares of Harvest Capital Credit Corp (NASDAQ:HCAP) traded up 0.35% on Thursday, hitting $14.14. The stock had a trading volume of 31,039 shares. Harvest Capital Credit Corp has a one year low of $13.55 and a one year high of $15.66. The stock has a 50-day moving average of $14.59 and a 200-day moving average of $14.72. The company has a market cap of $87.3 million and a P/E ratio of 15.73.
Harvest Capital Credit Corp (NASDAQ:HCAP) last announced its earnings results 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. Analysts expect that Harvest Capital Credit Corp will post $1.41 EPS for the current fiscal year.
Harvest Capital Credit Corporation is an externally managed, non-diversified, closed-end management investment company.
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