KCAP Financial (KCAP) Reports Q4 EPS of $0.65
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KCAP Financial, Inc. Announces Full Year 2015 Financial Results
March 9, 2016 4:32 PM ESTNEW YORK, March 09, 2016 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (Nasdaq: KCAP) (the "Company") announces its full year 2015 financial results.
Financial Highlights
Net investment income for the year ended December 31, 2015 was approximately $24.2 million, or $0.65 per basic share, compared with $20.1 million, $0.59 per basic share in 2014. Taxable distributable income for the year was $0.63 per basic share. Cash distributed by the Asset Manager Affiliates in excess of taxable earnings was $0.10 per basic share for the year. Resources available for distribution, a non-GAAP measure, was $0.73 per basic share... More