KCAP Financial (KCAP) Declares $0.12 Quarterly Dividend; 12.2% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

March 21, 2017 4:02 PM EDT

NEW YORK, March 21, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the first quarter of 2017 of $0.12 per share of common stock. The distribution is payable on April 28, 2017 to shareholders of record at the close of business as of April 7, 2017.

We have adopted a Dividend Reinvestment Plan ("DRIP") that... More