First Capital, Inc. (NASDAQ:FCAP) Declares Dividend Increase – $0.32 Per Share

First Capital, Inc. (NASDAQ:FCAP) declared a quarterly dividend on Wednesday, August 19th. Shareholders of record on Friday, September 11th will be paid a dividend of 0.32 per share by the savings and loans company on Friday, September 25th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, September 11th. This is a 3.2% increase from First Capital’s previous quarterly dividend of $0.31.

First Capital has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years.

First Capital Stock Down 2.0%

NASDAQ:FCAP opened at $62.65 on Thursday. First Capital has a 12 month low of $35.98 and a 12 month high of $71.00. The firm has a market cap of $209.25 million, a price-to-earnings ratio of 11.33 and a beta of 0.71. The company’s 50 day moving average is $63.39 and its 200-day moving average is $57.22.

First Capital (NASDAQ:FCAP) last posted its quarterly earnings data on Friday, July 24th. The savings and loans company reported $1.43 earnings per share (EPS) for the quarter. First Capital had a net margin of 26.79% and a return on equity of 13.39%. The business had revenue of $14.29 million during the quarter.

About First Capital

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.