KCAP Financial (NASDAQ:KCAP) released its earnings results on Tuesday. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08, Fidelity Earnings reports. The company had revenue of $7.16 million for the quarter. KCAP Financial had a return on equity of 5.90% and a net margin of 13.85%.
Shares of KCAP stock traded down $0.02 on Thursday, hitting $3.06. 385 shares of the company’s stock were exchanged, compared to its average volume of 69,856. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.58. KCAP Financial has a 12 month low of $2.91 and a 12 month high of $3.58. The company has a market cap of $115.06 million, a P/E ratio of 10.20 and a beta of 1.39.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 29th. Investors of record on Tuesday, October 9th were given a dividend of $0.10 per share. The ex-dividend date was Friday, October 5th. This represents a $0.40 annualized dividend and a dividend yield of 13.07%. KCAP Financial’s dividend payout ratio is currently 133.33%.
About KCAP Financial
KCAP Financial, Inc is a business development company specializing in investments in debt securities portfolio, asset manager affiliates, and CLO fund securities. The firm prefers to invest in senior secured term loans, mezzanine debt, and equity securities primarily in privately-held middle market, and buyout companies.
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