Alcentra Capital Corp (NASDAQ:ABDC) Declares None Dividend of $0.33

Alcentra Capital Corp (NASDAQ:ABDC) announced a None dividend on Friday, May 3rd, Zacks reports. Stockholders of record on Friday, June 28th will be paid a dividend of 0.33 per share by the asset manager on Wednesday, July 3rd. This represents a dividend yield of 8.55%. The ex-dividend date is Thursday, June 27th.

Alcentra Capital has decreased its dividend by an average of 16.6% per year over the last three years.

Shares of Alcentra Capital stock traded down $0.02 during trading on Tuesday, reaching $8.65. The company’s stock had a trading volume of 96 shares, compared to its average volume of 28,973. Alcentra Capital has a 52 week low of $5.58 and a 52 week high of $8.70. The firm’s 50-day moving average price is $8.38. The firm has a market capitalization of $111.41 million, a price-to-earnings ratio of 8.56 and a beta of 0.60.

Alcentra Capital (NASDAQ:ABDC) last posted its quarterly earnings data on Monday, May 6th. The asset manager reported $0.22 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.22. Alcentra Capital had a net margin of 14.50% and a return on equity of 8.84%. The business had revenue of $6.43 million during the quarter, compared to analysts’ expectations of $6.24 million. On average, analysts forecast that Alcentra Capital will post 0.81 earnings per share for the current fiscal year.

Separately, ValuEngine raised shares of Alcentra Capital from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st.

About Alcentra Capital

Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector.

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Dividend History for Alcentra Capital (NASDAQ:ABDC)

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