Rand Capital Co. (RAND) To Go Ex-Dividend on August 30th

Rand Capital Co. (NASDAQ:RAND) declared a quarterly dividend on Wednesday, July 31st, Zacks reports. Shareholders of record on Friday, August 30th will be paid a dividend of 0.29 per share by the asset manager on Friday, September 13th. This represents a $1.16 annualized dividend and a yield of 6.74%. The ex-dividend date of this dividend is Friday, August 30th.

Rand Capital Stock Down 0.2 %

RAND stock traded down $0.04 during midday trading on Friday, hitting $17.20. The company’s stock had a trading volume of 675 shares, compared to its average volume of 1,473. The company has a debt-to-equity ratio of 0.31, a quick ratio of 28.32 and a current ratio of 28.32. Rand Capital has a 52-week low of $12.50 and a 52-week high of $19.60. The firm has a 50-day simple moving average of $16.17 and a 200-day simple moving average of $14.65.

Rand Capital (NASDAQ:RAND) last released its quarterly earnings data on Monday, May 13th. The asset manager reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $2.07 million during the quarter. Rand Capital had a net margin of 76.21% and a return on equity of 5.25%.

Rand Capital Company Profile

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.