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KCAP Financial (KCAP) Declares $0.15 Quarterly Dividend; 13.2% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

September 20, 2016 4:01 PM EDT

NEW YORK, Sept. 20, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the third quarter of 2016 of $0.15 per share of common stock. The distribution is payable on October 27, 2016 to shareholders of record at the close of business as of October 14, 2016.

We have adopted a Dividend Reinvestment Plan ("DRIP") that provides for reinvestment of... More