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.
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.
Featured Article: What is meant by buying and selling pressure?
Receive News & Ratings for Alcentra Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alcentra Capital and related companies with MarketBeat.com's FREE daily email newsletter.