Rand Capital Corp (RAND) Reports Q4 EPS of $0.16

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Rand Capital Reports 31% Growth in Total Investment Income for 2021

March 8, 2022 8:15 AM EST

Strengthened debt portfolio, transaction fees and portfolio dividends drove total investment income of $4.1 million in 2021, up 31% over 2020; Fourth quarter total investment income grew 17% to $1.2 million Net asset value per share (NAV) was $23.54 at year-end, up 1% from September 30, 2021 and up 32% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $4.6 million and for the year totaled $19.7 million Rand repaid $11 million of SBA obligations during the fourth quarter Declared total dividends of $0.44 per share in 2021 Announced regular quarterly dividend of... More