KCAP Financial (KCAP) Declares $0.15 Quarterly Dividend; 15.9% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

June 21, 2016 4:03 PM EDT

NEW YORK, June 21, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the second quarter of 2016 of $0.15 per share of common stock. The distribution is payable on July 28, 2016 to shareholders of record at the close of business as of July 7, 2016.

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