Capitala Finance Corp Declares Monthly Distributions for the Fourth Quarter of 2018, Payable on Oct. 30, 2018, Nov. 29, 2018 and on Dec. 28, 2018 Respectively
October 01, 2018 at 08:30 am EDT
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On October 1, 2018, Capitala Finance Corp.’s Board of Directors declared normal monthly distributions for the fourth quarter of 2018. The company announced dividend of $0.0833 per share for each month payable on Oct. 30, 2018, Nov. 29, 2018 and on Dec. 28, 2018 for the holders of record date on Oct. 23, 2018, Nov. 21, 2018 and on Dec. 20, 2018 respectively.
Logan Ridge Finance Corporation is a business development company. The Companyâs investment objective is to generate both current income and capital appreciation through debt and equity investments. It offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. The Company invests in first lien loans, and, to a lesser extent, second lien loans and equity securities issued by lower middle-market and traditional middle-market companies. The Company invests in a portfolio of sectors, such as healthcare, business services, financials, information technology, industrials, consumer discretionary, communication services, consumer staples, entertainment, and data processing and digital marketing. The Company's investment advisor is Mount Logan Management LLC (Mount Logan).
Capitala Finance Corp Declares Monthly Distributions for the Fourth Quarter of 2018, Payable on Oct. 30, 2018, Nov. 29, 2018 and on Dec. 28, 2018 Respectively