CPTA News and Press, Logan Ridge Finance From 04/01/20

To give it more time to assess the economic impact of the coronavirus pandemic, Capitala Finance ( CPTA -7.7% ) will pay distributions on a quarterly basis, instead of a monthly basis, starting with Q2 2020. More news on: Capitala Finance Corp, Financial stocks news, Dividend News, , ...

CHARLOTTE, N.C., April 01, 2020 (GLOBE NEWSWIRE) -- Capitala Finance Corp. (the “Company”, “our”, or “Capitala”) (Nasdaq:CPTA) announced today that distributions will be made on a quarterly basis, rather than monthly, effective for the second qu...

BDC Stock Price Declines Business Development Companies ("BDCs") got hammered this month along with other higher-yield credit-related investments for many of the reasons discussed below. It is important for investors to understand that BDCs are mostly retail-owned and many of the investo...

Actionable Conclusions (1-10): Brokers Estimated Top Ten MoPay Equities To Net 135.36% to 370.15% Gains By April 2021 Five of the ten top-yield MoPay stocks (shaded in the chart below) were verified as being among the top-ten gainers for the coming year based on analyst one-year target pri...

CHARLOTTE, N.C., March 11, 2020 (GLOBE NEWSWIRE) -- Capitala Group, a provider of capital to lower middle market companies, announced today that Nicole Vipperman has joined the firm as Vice President of Compliance.  Ms. Vipperman brings 25 years of experience in the financial servic...

CHARLOTTE, N.C., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Capitala Finance Corp. (Nasdaq:CPTA) (the “Company”) announced today that it will report its fourth quarter 2019 financial results on Monday, March 2, 2020 after the close of the financial markets.  Management will hos...

CHARLOTTE, N.C., Jan. 30, 2020 (GLOBE NEWSWIRE) -- Capitala Group (“Capitala”), a provider of capital to lower middle market companies, is pleased to announce its recent investment in Rapid Fire Protection Holdings (“Rapid Fire”), a portfolio company of Boyne C...

CHARLOTTE, N.C., Jan. 27, 2020 (GLOBE NEWSWIRE) -- Capitala Group, a provider of capital to lower middle market companies, announced today that Andrew Schwartz has joined the firm as Vice President of Accounting and Finance.  Mr. Schwartz brings almost 10 years of accounting and tra...

The other day I covered business development companies in " BIZD: As High-Yield Credit Spreads Fall, BDCs Will Perform Well " that explained why I believe BDCs are a solid bet over the next few months and how the ETF BIZD is a decent way to make that bet. While I like BIZD, I believe that ...

Contributor Note: The information used in this article was as of January 23, 2020, and pricing has changed as I suggested that my subscribers sell or at least trim current positions of MRCC and wait for the company to report Q4 results (see dates below). The stock was headed down on the morn...