KCAP Financial, Inc. (NASDAQ:KCAP) announced a quarterly dividend on Monday, September 25th, Wall Street Journal reports. Stockholders of record on Tuesday, October 10th will be paid a dividend of 0.12 per share by the financial services provider on Thursday, October 26th. This represents a $0.48 annualized dividend and a dividend yield of 12.21%. The ex-dividend date is Friday, October 6th.

Shares of KCAP Financial (NASDAQ KCAP) opened at 3.93 on Thursday. The stock has a market cap of $145.42 million, a P/E ratio of 26.20 and a beta of 1.69. KCAP Financial has a 12-month low of $3.30 and a 12-month high of $4.89. The company’s 50-day moving average is $3.47 and its 200-day moving average is $3.56.

KCAP Financial (NASDAQ:KCAP) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.03). The company had revenue of $7.66 million for the quarter, compared to the consensus estimate of $7.95 million. KCAP Financial had a net margin of 17.53% and a return on equity of 7.44%. On average, equities research analysts anticipate that KCAP Financial will post $0.31 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This report was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this report on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this report can be viewed at https://www.thecerbatgem.com/2017/10/05/kcap-financial-inc-kcap-to-go-ex-dividend-on-october-6th.html.

Several equities analysts have issued reports on KCAP shares. ValuEngine upgraded shares of KCAP Financial from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Keefe, Bruyette & Woods restated a “hold” rating and set a $3.50 target price on shares of KCAP Financial in a research note on Friday, July 21st. Zacks Investment Research upgraded shares of KCAP Financial from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, Ladenburg Thalmann Financial Services started coverage on shares of KCAP Financial in a research note on Monday, September 25th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $9.75.

About KCAP Financial

KCAP Financial, Inc is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio).

Dividend History for KCAP Financial (NASDAQ:KCAP)

Receive News & Stock Ratings for KCAP Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KCAP Financial Inc. and related stocks with our FREE daily email newsletter.