KCAP Financial (KCAP) Declares $0.10 Quarterly Dividend; 11.2% Yield

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KCAP Financial, Inc. Announces Quarterly Distribution

March 20, 2019 4:01 PM EDT

NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq: KCAP) approved a cash distribution for the first quarter of 2019 of $0.10 per share of common stock. The distribution is payable on April 26, 2019 to shareholders of record at the close of business as of April 5, 2019.

We have adopted a Dividend Reinvestment Plan ("DRIP") that provides for reinvestment of our distributions on behalf of our stockholders, unless a stockholder elects to receive cash. As a result, if we... More