Garrison Capital Inc (NASDAQ:GARS) announced a quarterly dividend on Tuesday, November 12th, Zacks reports. Shareholders of record on Friday, December 6th will be given a dividend of 0.15 per share by the investment management company on Friday, December 20th. This represents a $0.60 annualized dividend and a yield of 9.90%. The ex-dividend date is Thursday, December 5th.
Shares of NASDAQ GARS opened at $6.06 on Tuesday. Garrison Capital has a 12 month low of $5.50 and a 12 month high of $7.87. The stock has a 50 day moving average of $6.32 and a 200-day moving average of $6.79. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 2.28. The company has a market capitalization of $97.10 million, a P/E ratio of 6.00 and a beta of 0.53.
A number of analysts have recently issued reports on GARS shares. ValuEngine upgraded shares of Garrison Capital from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research lowered shares of Garrison Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.
Garrison Capital Inc is a business development company specializing in investments primarily in the debt and equity of middle market companies. It seeks to invest in first lien senior secured loans, second lien senior secured loans, one-stop senior secured or unitranche loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies, warrants and minority equity securities in United States middle-market companies.
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