Rand Capital Corp (RAND) Reports Q1 EPS of $0.16

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Go back to Rand Capital Corp (RAND) Reports Q1 EPS of $0.16

Rand Capital Reports 16.9% Increase in Net Asset Value for the First Quarter 2021

May 10, 2021 9:03 AM EDT

Total investment income grew 59.9% to $1.0 million compared with the prior-year period Net asset value per share increased 16.9% to $20.87 per share from $17.86 per share at December 31, 2020 Total investments made in quarter were $6.7 million, of which $4.6 million was for new portfolio companies Received $4.5 million in exits and loan repayments during the quarter Paid first quarterly dividend of $0.10 per share on March 29, 2021; Announced second quarter dividend of $0.10 per share on April 29, 2021 Board of Directors renews $1.5 million share repurchase program

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