BlackRock Capital Investment Corporation (NASDAQ:BKCC) will begin trading ex-dividend on November 17, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on December 30, 2020. The dividend yield based on the latest trading day closing price was 13.89 percent. Shareholders who purchased BKCC shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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BlackRock Capital Investment Corporation recently reported third quarter financial results on November 4, 2020, after market close, the New York based company posted income for the third quarter of $ 0.12 per share, from the revenue of $ 16.30 million. The quarterly earnings contracted 14.29 percent while revenues lowered 18.34 percent compared with the same quarter last year. The consensus estimates are $ 17.09 million in revenue The top line results fell short of analysts by $ 0.79 million or 4.62 percent.
Stock Performance
On Friday, shares of BlackRock Capital Investment Corporation has traded high as $ 2.92 and has cracked $ 2.68 on the downward trend, reaching $ 2.88 with volume of 982.70 thousand shares.
According to the previous trading day, closing price of $ 2.88, representing a 82.31 % increase from the 52 week low of $ 1.47 and a 48.46 % decrease over the 52 week high of $ 5.20.
The company has a market capital of $ 202.10 million and is part of the Financial Services sector and Asset Management industry.
BlackRock Capital Investment Corporation, formerly known as BlackRock Kelso Capital Corporation, is a Business Development Company specializing in investments in middle market companies. The fund invests in all industries. It prefers to invest between $10 million and $50 million and can invest more or less in companies with EBITDA or operating cash flow between $10 million and $50 million.
