CPTA - Capitala Finance Corp.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
9.12
-0.03 (-0.33%)
At close: 4:00PM EST
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Previous Close9.15
Open9.17
Bid9.14 x 2200
Ask9.18 x 900
Day's Range9.12 - 9.19
52 Week Range7.34 - 9.99
Volume210,627
Avg. Volume128,444
Market Cap147.521M
Beta (5Y Monthly)1.23
PE Ratio (TTM)N/A
EPS (TTM)-2.29
Earnings DateMar 01, 2020
Forward Dividend & Yield1.00 (10.92%)
Ex-Dividend DateFeb 18, 2020
1y Target Est8.50
  • GlobeNewswire

    Capitala Finance Corp. Schedules Fourth Quarter 2019 Earnings Release and Conference Call

    CHARLOTTE, N.C., Feb. 03, 2020 -- Capitala Finance Corp. (Nasdaq:CPTA) (the “Company”) announced today that it will report its fourth quarter 2019 financial results on Monday,.

  • GlobeNewswire

    Capitala Group Announces Investment in Rapid Fire Protection Holdings

    Under the agreement, debt and equity capital provided by Capitala Group assisted Rapid Fire in the acquisition of Aegis Fire Systems, Inc. (“Aegis”), a provider of end-to-end fire protection solutions including design, installation, and ongoing service of fire suppression systems to the San Francisco Bay Area and broader Northern California markets.

  • GlobeNewswire

    Capitala Group Hires Andrew Schwartz as VP of Accounting and Finance

    Capitala Group, a provider of capital to lower middle market companies, announced today that Andrew Schwartz has joined the firm as Vice President of Accounting and Finance. Mr. Schwartz brings almost 10 years of accounting and transaction advisory experience to Capitala Group. Prior to joining Capitala, Mr. Schwartz was a manager in Ernst and Young’s Transaction Advisory Services practice.

  • GlobeNewswire

    Capitala Group Announces Investment in J5 Infrastructure Partners, LLC

    CHARLOTTE, N.C., Jan. 14, 2020 -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, is pleased to announce its recent investment of senior.

  • GlobeNewswire

    Capitala Group Makes Investment in Peterson Manufacturing

    Capitala Group, a provider of capital to lower middle market companies, is pleased to announce its recent investment in Peterson Manufacturing, a manufacturer providing custom deep drawn stamping and conversion services in the automotive, appliance, plumbing and gauge industries. Peterson specializes in assisting their customers with cost reduction by converting traditional alternative metal forming process to their high speed transfer press process with superior service and competitive pricing. “The team at Peterson has been a true partner for their customers for over 30 years,” stated Adam Richeson, Managing Director of Capitala Group.

  • GlobeNewswire

    Capitala Group Makes Strategic Growth Investment in Source Support Services

    Under the agreement, Capitala and members of Source Support’s senior management team have acquired Source Support from founder Mark Oldfield. Capitala will provide capital to enable growth through continued expansion into the information, medical and industrial automation technology markets, broadening of service offerings and increased development of new technology.

  • GlobeNewswire

    Capitala Finance Corp. Announces Distributions

    CHARLOTTE, N.C., Jan. 02, 2020 -- Capitala Finance Corp. (the “Company”, “our”, or “Capitala”) (Nasdaq:CPTA) declared normal distributions for the first quarter of 2020..

  • 10 High-Yield Monthly Dividend Stocks to Buy
    InvestorPlace

    10 High-Yield Monthly Dividend Stocks to Buy

    [Editor's note: "10 High-Yield Monthly Dividend Stocks to Buy" was previously published in November 2019. It has since been updated to include the most relevant information available.]Do you ever wish your dividend stocks paid out monthly rather than quarterly?For income-oriented investors who cover their monthly expenses with dividend income, it would certainly be a convenient option.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSuch stocks to buy actually do exist. In fact, they're more common than many investors may realize. They're also not crimped by catches and restrictions, and their underlying income is driven by very ordinary business models. They look just like their quarterly counterparts.With that as the backdrop, here's a rundown of ten high-yield monthly dividend stocks to buy from a variety of industries and sectors. Some are more familiar names than others, and some are bigger than others. Not all of them have been around for a great length of time either. * 10 Best Stocks to Beat the Market in 2020 In all ten cases, however, there's an attractive monthly payout in store for the foreseeable future. In no particular order… Capitala Finance (CPTA)Source: Shutterstock Dividend Yield: 11.7%Capitala Finance (NASDAQ:CPTA) primarily provides capital to smaller companies, via a combination of loans and equity investments. Its average funding ranges between $10 million and $50 million, offering investors a chance to plug into small-company opportunities that wouldn't otherwise be availableCapitala's strength is its diversity. It owns stakes in companies from the retailing, biotech, industrial, technology and consumer industries just to name a few. Its most recent investment was a piece of a human anatomy app company called Visible Body, which helps medical students and caregivers better understand how the human body physically fits together.More than that, Capitala Finance is yielding a hefty 11.7% right now. Stellus Capital Investment (SCM)Source: Shutterstock Dividend Yield: 9.4%Also add Stellus Capital Investment (NYSE:SCM) to your list of monthly dividend stocks to scoop up if you're looking for regular monthly income.Like Capitala Finance, Stellus is categorized as a business development company. And also like Capitala, Stellus is focused on so-called "middle market" outfits that may be too big or too risky for traditional loans but too small to raise funds by going public.Its portfolio includes food distributor GoodSource Solutions, home-health product provider Compass Health and business software outfit Valued Relationships Inc, just to name a few. * 10 Best Stocks to Beat the Market in 2020 It's arguably a little less risky than Capitala, in that most of its investment are in companies currently yielding a (very) positive EBITDA. The trade-off is a lower dividend yield. AGNC Investment (AGNC)Dividend Yield: 10.7%AGNC Investment (NASDAQ:AGNC) is a real estate investment trust, or REIT, primarily focused on the development of a mortgage portfolio.The bulk of the mortgages it owns are made by government-sponsored outfits like Fannie Mae and Freddie Mac. It's a lower-risk approach toward driving monthly income, though still an effective one.AGNC presently yields 10.7% thanks to the stock's slide over the last year.That pullback was largely rooted in fears that rising interest rates would crimp AGNC Investment's future cash flows, as higher interest rates are presumed to tend to crimp overall lending activity. That's only partly accurate. Higher rates can do mortgage REITs more good than harm if the underlying reason for rising rates is a strong economy. Whitestone REIT (WSR)Dividend Yield: 8.5%REITs, by the way, are pools of money that allow individuals liquid access to real estate investments that wouldn't otherwise be available to most retail investors. And a portfolio of mortgages is hardly the only way to develop a REIT.Case in point: Whitestone REIT (NYSE:WSR).Whitestone owns a portfolio of consumer-oriented real estate, primarily in more affluent neighborhoods, providing space to "ecommerce-resistant" companies like Whole Foods Market, Verizon (wireless phone service) and True Food Kitchen restaurants. * 10 Best Stocks to Beat the Market in 2020 It's a brilliant strategy, as its more than 3o% top-line growth from 2016 to 2018 shows. Whitestone's dividend yield is 8.5%, which isn't the highest among the monthly dividend stocks in focus, though it's a solid return relative to the risk shareholders are assuming. Prospect Capital (PSEC)Source: Shutterstock Dividend Yield: 11%It's not the biggest business development company in the world, but somehow Prospect Capital (NASDAQ:PSEC) is still one of the best known.Its portfolio includes several familiar names like JD Power, Capstone Logistics, ACE Cash Express and video media company Cinedigm, just to name a few.It's diversity that has helped smooth out the BDC's bottom line from time to time when it might otherwise be erratic.Either way, the market and analysts may be underestimating the true potential of Prospect. The company has met or topped earnings estimates in four of its past five quarters. Between that and its trailing dividend yield of 11%, PSEC may be a smart risk to take. Solar Senior Capital (SUNS)Dividend Yield: 8%Don't let the name fool you. Solar Senior Capital (NASDAQ:SUNS) doesn't specialize in providing capital to the solar power industry.It is another business development company, and like Prospect and Capitala, it's highly diversified in terms of industry exposure.There is a noteworthy difference between Solar Senior Capital and its BDC peers, however.The organization focuses primarily on senior secured loans of privately owned middle-market companies, which better positions it to, if nothing else, preserve capital. * 10 Best Stocks to Beat the Market in 2020 The trade-off for safety is yield. Solar Senior is only paying out 8% of the stock's current price as an annualized dividend. And it's been paying it, and adding to it, faithfully since 2011. Gladstone Investment (GAIN)Dividend Yield: 6%Source: Shutterstock Gladstone Investment (NASDAQ:GAIN) is a business development company, but it's unlike most other BDCs (and unlike any other monthly dividend stocks being discussed within this list).Whereas most of these investment companies seek to make loans, Gladstone is ultimately aiming to acquire smaller but mature companies.It's a riskier proposition, as investors have learned the hard way. The company missed its quarterly earnings estimate at the end of 2018 and shareholders have paid the price. GAIN lost about 12.4% of its value last year and missed its Q2 earnings estimate. But it's rebounded 455 this year.And there's just something compelling about the growth potential in ownership rather than merely lending. Cross Timbers Royalty Trust (CRT)Source: Shutterstock Dividend Yield: 11.4%They're a relatively rare breed these days, but oil and gas royalty investments are still around and still dishing out dividend income. Cross Timbers Royalty Trust (NYSE:CRT) is one of the remaining names of the ilk.An investment in Cross Timbers is predominantly an investment in oil and gas producing properties found in Texas, Oklahoma and New Mexico. Yes, the fluctuating price of oil and natural gas can impact the trust's bottom line, although not as much as you might think. * 10 Best Stocks to Beat the Market in 2020 The organization is merely plugged into the production of established and operational wells, and isn't directly taking on the expensive risk of exploration. Global Net Lease (GNL)Dividend Yield: 10.7%Global Net Lease (NYSE:GNL) is another REIT, primarily serving the commercial market.It owns properties in the United States and Europe, and rents to quality tenants like FedEx, Family Dollar and ING Bank, organizations that can not only reliably pay their rent as it comes due, but outfits that tend to stay put once they establish roots.There's a bit of a twist Global Net Lease brings to the table that allows it to juice its payout to its current yield of 10.7%, however. It also acquires much of its rental real estate through an arrangement called a sale-leaseback.In simplest terms, a sale-leaseback lets a property-owning company free up the value of real estate by selling a space it owns to a landlord like Global Net Lease, and then remain in that space as a tenant. It's a win-win scenario, as the renter enjoys a big cash infusion and Global Net Lease has a tenant already lined up. Horizon Technology Finance (HRZN)Dividend Yield: 9.7%Finally, Horizon Technology Finance (NASDAQ:HRZN) has earned a spot on a list of monthly dividend stocks to buy.As the name suggests, Horizon Technology Finance provides capital to young, upcoming technology outfits, though it doesn't cater strictly to the tech sector.It's also heavily involved in the development of life science and biotechnology companies.Its portfolio includes biotech names like AccuVein and Celsion, along with traditional tech plays like cybersecurity company Control Scan and communications technology player Xtera. * 10 Best Stocks to Beat the Market in 2020 Its results are as erratic as what you'd expect from major technology names, but it's worth the wild ride. Horizon's yielding 9.57 at its current price, and it has not had any sustained trouble affording its dividend payment.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post 10 High-Yield Monthly Dividend Stocks to Buy appeared first on InvestorPlace.

  • GlobeNewswire

    Capitala Group Announces Investment in Chief Fire

    CHARLOTTE, N.C., Dec. 19, 2019 -- Capitala Group, (“Capitala”) a provider of capital to lower middle market companies, is pleased to announce that it has closed on its.

  • GlobeNewswire

    Capitala Group Announces Significant Realization in its Credit Strategy

    CHARLOTTE, N.C., Dec. 12, 2019 -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, announced today the sale of its portfolio company, Nth.

  • GlobeNewswire

    Gladstone Investment Corporation Exits its Investment in Nth Degree

    As a result of this transaction, Gladstone Investment realized a significant capital gain on its equity investment and retained a minority equity investment in Nth Degree. Gladstone Investment acquired Nth Degree in partnership with Capitala Finance Corp. (CPTA) and Nth Degree’s management team in 2015.

  • GlobeNewswire

    Capitala Group’s Growth Fund Announces Successful Exit of Fresh Dining Concepts

    CHARLOTTE, N.C., Dec. 03, 2019 -- Capitala Group, a provider of capital to lower middle market companies, is pleased to announce its successful exit from its investment in.

  • Thomson Reuters StreetEvents

    Edited Transcript of CPTA earnings conference call or presentation 5-Nov-19 1:30pm GMT

    Q3 2019 Capitala Finance Corp Earnings Call

  • GlobeNewswire

    Capitala Group’s Growth Fund Announces Successful Exit of BTM

    CHARLOTTE, N.C., Nov. 13, 2019 -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, is pleased to announce that CapitalSouth Growth Fund IV,.

  • Global firm buys minority interest in Charlotte's Capitala Group
    American City Business Journals

    Global firm buys minority interest in Charlotte's Capitala Group

    Capitala Group, a $3 billion asset-management company, has sold a minority interest to Mitsui & Co. USA Inc., a subsidiary of Japanese trading and investment firm Mitsui & Co. Ltd.

  • Capitala Finance (CPTA) Q3 Earnings and Revenues Lag Estimates
    Zacks

    Capitala Finance (CPTA) Q3 Earnings and Revenues Lag Estimates

    Capitala Finance (CPTA) delivered earnings and revenue surprises of -28.00% and -12.63%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Capitala Finance Corp. Reports Third Quarter 2019 Results

    CHARLOTTE, N.C., Nov. 04, 2019 -- Capitala Finance Corp. (Nasdaq:CPTA) ("Capitala", the “Company”, “we”, “us”, or “our”) today announced its financial results for the third.

  • Hercules Capital (HTGC) Q3 Earnings Beat on Higher Revenues
    Zacks

    Hercules Capital (HTGC) Q3 Earnings Beat on Higher Revenues

    Hercules Capital (HTGC) witnesses higher total investment income along with rise in expenses in the third quarter of 2019.

  • Ares Capital (ARCC) Beats on Q3 Earnings Despite Higher Costs
    Zacks

    Ares Capital (ARCC) Beats on Q3 Earnings Despite Higher Costs

    Ares Capital (ARCC) witnesses higher total investment income along with rise in costs in the third quarter of 2019.

  • GlobeNewswire

    Christopher T. Latta Joins Capitala Group as Director

    Capitala Group, a provider of capital to lower middle market companies, announced today that Christopher Latta has joined the firm as Director and will be responsible for relationship sourcing and the origination of new business opportunities. “We are thrilled to have Chris join the Capitala team,” said Joe Alala, III, Chairman and CEO of Capitala Group. Mr. Latta has over 25 years of experience in middle market mergers and acquisitions, corporate finance and private equity.

  • Moody's (MCO) Beats on Q3 Earnings, Lifts Revenue Guidance
    Zacks

    Moody's (MCO) Beats on Q3 Earnings, Lifts Revenue Guidance

    Solid issuance volume supports Moody's (MCO) Q3 earnings. Rise in costs poses a concern.

  • GlobeNewswire

    UPDATE - Capitala Group Announces Strategic Minority Investment by Mitsui USA

    CHARLOTTE, N.C., Oct. 29, 2019 -- Capitala Group (“Capitala”), a leading provider of capital to lower middle market companies, announced today that it has entered into a.

  • Capitala Finance (CPTA) Q3 Earnings Preview: What's in the Cards?
    Zacks

    Capitala Finance (CPTA) Q3 Earnings Preview: What's in the Cards?

    Capitala Finance (CPTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Capitala Group Announces Strategic Minority Investment by Mitsui USA

    CHARLOTTE, N.C., Oct. 28, 2019 -- Capitala Group (“Capitala”), a leading provider of capital to lower middle market companies, announced today that it has entered into a.

  • GlobeNewswire

    Capitala Group Announces Kevin Koonts as Chief Compliance Officer

    CHARLOTTE, N.C., Oct. 15, 2019 -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, announced today the appointment of Kevin Koonts as the.