KCAP Financial (KCAP) Lowers Quarterly Dividend 28.6% to $0.15; 15.1% Yield
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KCAP Financial, Inc. Announces Quarterly Distribution
December 16, 2015 4:21 PM ESTNEW YORK, Dec. 16, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the fourth quarter of 2015 of $0.15 per share of common stock, down from the previous level of $0.21 per share, in order to better align the quarterly distribution with net investment income. The distribution is payable on January 28, 2016 to shareholders of record at the close of business as of... More
