Capitala Finance Corp. Announces Monthly Distributions for the First Quarter of 2016, Payable on January 30, 2017, February 27, 2017 and March 30, 2017
January 03, 2017 at 07:30 am
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On January 3, 2017, Capitala Finance Corp.'s board of directors declared normal monthly distributions for the first quarter of 2017. The company announced dividend of $0.13 per share, payable on January 30, 2017, February 27, 2017 and March 30, 2017 to the recorded shareholders on January 20, 2017, February 20, 2017 and March 23, 2017 respectively.
Logan Ridge Finance Corporation is a business development company. The Companyâs investment objective is to generate both current income and capital appreciation through debt and equity investments. It offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The Company invests in first lien loans, and, to a lesser extent, second lien loans and equity securities issued by lower middle-market and traditional middle-market companies. The Company invests in a portfolio of sectors, such as healthcare, business services, financials, information technology, industrials, consumer discretionary, communication services, consumer staples, entertainment, and data processing and digital marketing. The Company's investment advisor is Mount Logan Management LLC (Mount Logan).
Capitala Finance Corp. Announces Monthly Distributions for the First Quarter of 2016, Payable on January 30, 2017, February 27, 2017 and March 30, 2017