KCAP Financial (KCAP) Declares $0.21 Quarterly Dividend; 11.7% Yield

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KCAP Financial, Inc. Announces First Quarter 2015 Distribution of $0.21 Per Share

March 24, 2015 5:09 PM EDT

NEW YORK, March 24, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a quarterly cash distribution of $0.21 per share of common stock for the quarter ended March 31, 2015. The distribution is payable on April 27, 2015 to shareholders of record at the close of business as of April 6, 2015.

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