Amern Cap Sr Fl/COM (NASDAQ:ACSF) declared a special dividend on Wednesday, August 8th, Wall Street Journal reports. Investors of record on Thursday, August 16th will be given a dividend of 8.80 per share by the asset manager on Monday, August 27th. The ex-dividend date is Tuesday, August 28th. This is a boost from Amern Cap Sr Fl/COM’s previous special dividend of $0.18.
Amern Cap Sr Fl/COM has increased its dividend by an average of 16.3% per year over the last three years. Amern Cap Sr Fl/COM has a payout ratio of 100.0% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.
Amern Cap Sr Fl/COM traded up $0.03, reaching $12.25, during trading on Wednesday, Marketbeat.com reports. 58,175 shares of the company were exchanged, compared to its average volume of 29,791. Amern Cap Sr Fl/COM has a twelve month low of $10.35 and a twelve month high of $12.55. The company has a current ratio of 3.30, a quick ratio of 3.30 and a debt-to-equity ratio of 0.75.
Amern Cap Sr Fl/COM (NASDAQ:ACSF) last released its quarterly earnings data on Thursday, May 10th. The asset manager reported $0.22 earnings per share (EPS) for the quarter. The business had revenue of $4.08 million during the quarter. Amern Cap Sr Fl/COM had a net margin of 35.76% and a return on equity of 3.92%.
Separately, ValuEngine cut shares of Amern Cap Sr Fl/COM from a “hold” rating to a “sell” rating in a research report on Friday, June 1st.
About Amern Cap Sr Fl/COM
American Capital Senior Floating, Ltd. is a business development company specializing in first lien and second lien floating rate loans. It also invests in equity tranches of collateralized loan obligations equity tranches of collateralized loan obligations.
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