KCAP Financial, Inc. Announces Quarterly Distribution
September 22 2017 - 3:44PM
The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP)
approved a cash distribution for the third quarter of 2017 of $0.12
per share of common stock. The distribution is payable on October
26, 2017 to shareholders of record at the close of business as of
October 10, 2017.
We have adopted a Dividend Reinvestment Plan ("DRIP") that
provides for reinvestment of our distributions on behalf of our
stockholders, unless a stockholder elects to receive cash. As a
result, if we declare a cash distribution, our stockholders who
have not "opted out" of our DRIP will have their cash distributions
automatically reinvested in additional shares of our common stock,
rather than receiving cash. Please contact your broker or other
financial intermediary for more information regarding the DRIP.
Distributions may include net investment income, capital gains
and/or return of capital. The tax status of distributions will be
determined at the end of the taxable year.
About KCAP Financial, Inc.
KCAP Financial, Inc. is a publicly traded, internally managed
business development company. Our middle market investment business
originates, structures, finances and manages a portfolio of term
loans, mezzanine investments and selected equity securities in
middle market companies. Our wholly owned portfolio companies,
Trimaran Advisors, L.L.C. and Katonah Debt Advisors, L.L.C. manage
collateralized debt obligation funds that invest in broadly
syndicated corporate term loans, high-yield bonds and other credit
instruments.
KCAP Financial, Inc.'s filings with the Securities and Exchange
Commission, earnings releases, press releases and other financial,
operational and governance information are available on its website
at www.kcapfinancial.com.
KCAP-G
CONTACT:
Ted Gilpin
gilpin@kcapinc.com
(212) 455-8300
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