Rand Capital Declares Special Dividend of $1.62 per Share
Rand Capital Corporation - Closed End Fund (RAND)
US:NASDAQ Investor Relations:
ir.randcapital.com
Company Research
Source: Business Wire
Rand plans to elect to be treated as a “Regulated Investment Company” (RIC) BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND) (“Rand” or “Rand Capital” or the “Company”), a business development company, today announced that its Board of Directors has declared a special dividend of $23.7 million, or approximately $1.62 per share, in connection with its plans to elect to become a regulated investment company (“RIC”) for U.S. federal tax purposes beginning with tax year 2020. The special dividend will be paid in a combination of cash and shares of the Company’s common stock to shareholders of record at the close of business on April 2, 2020 (the “Record Date”). The Company expects to complete the distribution of the special dividend on or about May 11, 2020 (the “Distribution Date”).Allen F. (“Pete”) Grum, President and Chief Executive Officer of Rand Capital, commented, “The special dividend marks another major step in our transformation. Electing RIC status is
Show less
Read more
Impact Snapshot
Event Time:
RAND
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RAND alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RAND alerts
High impacting Rand Capital Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
RAND
News
- Rand Capital Corp (RAND) Q3 2024 Earnings Call Highlights: Strong Investment Income Growth and ... [Yahoo! Finance]Yahoo! Finance
- Rand Capital Reports 27% Increase in Total Investment Income for Third Quarter 2024, Supported by Strategic Debt Portfolio GrowthBusiness Wire
- Rand Capital Announces Third Quarter 2024 Financial Results Conference Call and WebcastBusiness Wire
- Rand Capital Receives $13.1 Million from Sale of SciAps, Inc.Business Wire
RAND
Sec Filings
- 11/6/24 - Form 10-Q
- 9/20/24 - Form 40-17F2
- RAND's page on the SEC website