KCAP News and Press, KCAP Financial Inc.

NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (“Portman Ridge” or the “Company”) (NASDAQ: PTMN) (f/k/a KCAP Financial, Inc.) today announced the closing of the previously announced externalization transaction (the “Closing&...

KCAP Financial (NASDAQ: KCAP ) plans to adopt a new name , Portman Ridge Finance Corporation, once its externalization transaction with BC Partners Advisors LP closes. More news on: KCAP Financial, Financial stocks news, Read more ...

NEW YORK, March 28, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (NASDAQ:KCAP) (“KCAP” or the “Company”) today announced plans to change its corporate name to “Portman Ridge Finance Corporation”, effective as of the closing of the externalization t...

The performance of Medley Capital ( MCC ) has lagged BDC peers over the last 5 years. The stock has lost approximately 3/4 of its value as loan losses have led to a decline in net asset value and multiple dividend cuts. The decline in MCC has been exacerbated by negative investor sentiment. At...

Current BDC Yields As mentioned in previous articles, Business Development Companies ("BDCs") are priced based on expected returns to shareholders including regular and special dividends as well as realized capital gains and growing book values. The average BDC yield after taking into ...

NEW YORK, March 20, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a cash distribution for the first quarter of 2019 of $0.10 per share of common stock. The distribution is payable on April 26, 2019 to shareholders of record at the close of bu...

CGBD Article Follow-Up In December/January, I purchased additional shares of multiple "oversold" higher-quality business development companies ("BDCs") with risk-averse balance sheets prepared for a potential economic slowdown, including TCG BDC Inc. ( CGBD ) as discussed in " I Just Bough...

Business development companies , or BDCs, are almost finished reporting calendar year-end results, and this article discusses some of the items that investors should be watching when THL Credit ( TCRD ) reports later this week. Also discussed is the recent dividend cut for one of the worst-...

NEW YORK, March 04, 2019 (GLOBE NEWSWIRE) -- KCAP Financial, Inc. (NASDAQ:KCAP) (“KCAP” or the “Company”) announced today that the preliminary record date and the preliminary payment date for the $25 million, or approximately $0.67 per share, stockholder cas...

KCAP Financial (KCAP) Q4 2018 Earnings Conference Call February 27, 2019, 9:00 am ET Company Participants Dayl Pearson - President & CEO Ted Gilpin - CFO Ted Goldthorpe - Head, BC Partners Conference Call Participants Chris York - JMP Securities Paul Johnson - KBW C...