|Bid||0.00 x 1300|
|Ask||0.00 x 3100|
|Day's Range||3.5100 - 3.5600|
|52 Week Range||2.8700 - 3.7000|
|Beta (3Y Monthly)||0.44|
|PE Ratio (TTM)||35.30|
|Earnings Date||Mar 5, 2019 - Mar 11, 2019|
|Forward Dividend & Yield||0.40 (11.24%)|
|1y Target Est||4.00|
Business development company KCAP Financial Inc. said it will be externally managed by an affiliate of private-equity firm BC Partners, in an agreement that includes a payment of about $25 million to KCAP shareholders. BC has agreed to contribute up to 100% of incentive fees earned, if necessary, to achieve net investment income of 40 cents a share for a one-year period after closing. BC will also use incentive fees to repurchase KCAP shares.
KCAP to convert to an externally-managed BDC managed by an affiliate of BC PartnersStockholders to receive a direct cash payment from an affiliate of BC Partners of $25 million,.
The Board of Directors of KCAP Financial, Inc. (KCAP) approved a cash distribution for the fourth quarter of 2018 of $0.10 per share of common stock. The distribution is payable on January 31, 2019 to shareholders of record at the close of business as of January 7, 2019. As a result, if we declare a cash distribution, our stockholders who have not "opted out" of our DRIP will have their cash distributions automatically reinvested in additional shares of our common stock, rather than receiving cash.
The settlement doesn’t require KCAP to pay a monetary penalty, but the firm agreed to cease from further violations of securities law, the settlement says. The firm, which was formed in 2006, held an initial public offering that year and acquired a portfolio of loans from a former Kohlberg & Co. portfolio company called Katonah Debt Advisors LLC, which now is part of KCAP. Shares of publicly traded KCAP have lost more than 80% of their value since the company’s initial public offering, to $3.05 as of 4 p.m. trading Tuesday.
NEW YORK, Nov. 23, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
On a per-share basis, the New York-based company said it had profit of 4 cents. Earnings, adjusted for investment costs, were 8 cents per share. The business development company posted revenue of $7.2 ...
The New York-based company said it had a loss of 3 cents per share. Earnings, adjusted for investment costs, came to 7 cents per share. The business development company posted revenue of $6.8 million in ...
KCAP Financial Inc (NASDAQ:KCAP), a capital markets company based in United States, saw its share price hover around a small range of $3.09 to $3.28 over the last few weeks.Read More...
NEW YORK, NY / ACCESSWIRE / March 8, 2018 / KCAP Financial, Inc. (NASDAQ: KCAP ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 8, 2018 at 9:00 AM Eastern Time. ...