KCAP Financial (KCAP) Declares $0.10 Quarterly Dividend; 11.6% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

December 13, 2017 5:08 PM EST

NEW YORK, Dec. 13, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the fourth quarter of 2017 of $0.10 per share of common stock. The distribution is payable on January 25, 2018 to shareholders of record at the close of business as of January 5, 2018.

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