First Capital, Inc. (FCAP) to Issue Quarterly Dividend of $0.31 on March 27th

First Capital, Inc. (NASDAQ:FCAP) declared a quarterly dividend on Thursday, February 19th. Investors of record on Friday, March 13th will be paid a dividend of 0.31 per share by the savings and loans company on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, March 13th.

First Capital has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years.

First Capital Trading Up 2.3%

First Capital stock opened at $53.58 on Friday. First Capital has a 52 week low of $33.73 and a 52 week high of $71.00. The stock has a market cap of $179.49 million, a price-to-earnings ratio of 10.93 and a beta of 0.60. The company’s 50-day moving average price is $55.85 and its two-hundred day moving average price is $48.13.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, January 23rd. The savings and loans company reported $1.46 earnings per share (EPS) for the quarter. First Capital had a net margin of 25.06% and a return on equity of 12.95%. The business had revenue of $13.49 million during the quarter.

Institutional Investors Weigh In On First Capital

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of First Capital in the 2nd quarter worth $28,000. CWM LLC purchased a new stake in shares of First Capital during the second quarter valued at $31,000. Russell Investments Group Ltd. boosted its position in shares of First Capital by 105.2% in the 4th quarter. Russell Investments Group Ltd. now owns 554 shares of the savings and loans company’s stock valued at $33,000 after purchasing an additional 284 shares during the period. JPMorgan Chase & Co. boosted its position in shares of First Capital by 30,940.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock valued at $64,000 after purchasing an additional 1,547 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in First Capital in the 2nd quarter worth about $74,000. Institutional investors and hedge funds own 11.65% of the company’s stock.

About First Capital

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.