Capitala Finance (CPTA) Lowers Monthly Dividend 17% to $0.13; 10.7% Yield
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FBR Capital Reiterates Market Perform as Capitala Finance (CPTA) Announces Dividend Reduction
September 23, 2016 8:27 AM EDTFBR Capital reiterated a Market Perform rating and $15.00 price target on Capitala Finance (NASDAQ: CPTA) following the company's announcement that it has reduced its quarterly dividend. The dividend has been reduced to $0.39/ share from $0.47/share for 4Q16. This is in line with prior expectations that the dividend would be reduced to $0.40/share.
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Wunderlich Securities Downgrades Capitala Finance (CPTA) to Hold
September 23, 2016 7:31 AM EDTWunderlich Securities downgraded Capitala Finance (NASDAQ: CPTA) from Buy to Hold with a price target of $14.50 (from $15.50).
For an analyst ratings summary and ratings history on Capitala Finance click here. For more ratings news on Capitala Finance click here.
Shares of Capitala Finance closed at $14.57 yesterday.
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