NEW YORK, Sept. 13, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a quarterly cash dividend of $0.25 per share of common stock for the quarter ended September 30, 2013. The dividend is payable on October 29, 2013 to shareholders of record at the close of business as of October 8, 2013.
The ex-dividend date is October 4. The record date is for all purposes irrelevant. And like day follows night, KCAP should reach a high somewhere between 9.22 and 9.42 in the next 4 days (by Friday 4PM).