KCAP Financial (KCAP) Declares $0.12 Quarterly Dividend; 11.8% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

December 14, 2016 4:03 PM EST

NEW YORK, Dec. 14, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the fourth quarter of 2016 of $0.12 per share of common stock. The distribution is payable on January 27, 2017 to shareholders of record at the close of business as of January 6, 2017.

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