Capitala Finance Corp. Declares Monthly Distributions for the First Quarter of 2018, Payable on January 30, 2018, February 27, 2018 and March 29, 2018 Respectively
January 02, 2018 at 07:00 pm IST
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On January 2, 2018, Capitala Finance Corp. declared normal distributions for the first quarter of 2018. The company declared dividend of $0.0833 per share are payable on January 30, 2018, February 27, 2018 and March 29, 2018 respectively with record date on January 22, 2018, February 20, 2018 and March 23, 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 First Quarter of 2018, Payable on January 30, 2018, February 27, 2018 and March 29, 2018 Respectively