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Rand Capital Corp. - RAND STOCK NEWS

Welcome to our dedicated news page for Rand Capital (Ticker: RAND), a resource for investors and traders seeking the latest updates and insights on Rand Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rand Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rand Capital's position in the market.

Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) reported an 11% increase in total investment income for the fourth quarter and a 27% increase for the full year 2023. The company's portfolio consisted of 64% interest yielding debt instruments at year-end, resulting in a $1.33 per share dividend in 2023, up 60% from 2022. Net asset value per share was $23.56 at December 31, 2023, a 5% increase from the previous year. Rand made $2.3 million in follow-on investments in the fourth quarter and a total of $20.3 million for the full year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
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none
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Rhea-AI Summary
Rand Capital Corporation (RAND) declares a quarterly cash dividend of $0.25 per share. The dividend reflects the company's commitment to providing alternative financing for lower middle market companies.
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Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) will release its Q4 and full year 2023 financial results on March 5, 2024, followed by a conference call and webcast. Investors can access the call through phone or webcast, with replays available for later listening.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
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Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) announced a reduction of the minimum asset coverage ratio from 200% to 150%, providing flexibility for future debt leverage. This move aims to align the company with other BDC funds' corporate financing structures, supporting future portfolio growth and long-term positioning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
management
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Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) declared a total fourth quarter dividend of $0.63 per share, including a regular quarterly cash dividend of $0.25 per share and a special cash dividend of $0.38 per share. The 2023 cash dividend distributions of $1.33 per share are up 60% over 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
Tags
dividends
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Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) announced its results for the third quarter ended September 30, 2023. Total investment income increased 12% to $1.7 million compared to the same period last year. Net asset value per share was $23.77, up 6% from year-end 2022. The company invested $7.8 million in new investments during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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Rhea-AI Summary
Rand Capital Corporation (Nasdaq: RAND) will release its Q3 2023 financial results on November 6, 2023. A conference call and webcast will be held to review the results. The webcast replay and transcript will be available on the company's investor section.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.08%
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Rhea-AI Summary
Rand Capital Corporation declares a quarterly cash dividend of $0.25 per share.
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Rand Capital Corp.

Nasdaq:RAND

RAND Rankings

RAND Stock Data

36.11M
76.03%
3.49%
0.08%
Other Financial Vehicles
Finance and Insurance
Link
United States
Buffalo

About RAND

rand capital llc is a publishing company located in 1343 26th st apt 201, santa monica, california, united states.