Rand Capital Corporation (NASDAQ:RAND – Get Free Report) announced a quarterly dividend on Monday, July 28th, RTT News reports. Stockholders of record on Friday, August 29th will be given a dividend of 0.29 per share by the asset manager on Friday, September 12th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 6.27%.
Rand Capital Trading Down 2.7%
RAND opened at $18.49 on Wednesday. The business’s 50 day moving average is $16.56 and its 200-day moving average is $19.44. The stock has a market cap of $54.92 million, a PE ratio of 5.83 and a beta of 0.24. Rand Capital has a twelve month low of $14.95 and a twelve month high of $31.89.
Rand Capital (NASDAQ:RAND – Get Free Report) last announced its earnings results on Monday, May 5th. The asset manager reported $0.40 EPS for the quarter. Rand Capital had a return on equity of 6.89% and a net margin of 97.28%. The firm had revenue of $2.01 million for the quarter.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on RAND
About Rand Capital
Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses.
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