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Stock impact report

Sutter Rock Capital Corp. Declares $0.12 Per Share Dividend

SuRo Capital Corp. - Closed End Fund (SSSS) 
Company Research Source: GlobeNewswire
SAN FRANCISCO, Dec. 20, 2019 (GLOBE NEWSWIRE) -- Sutter Rock Capital Corp. (“Sutter Rock” or the “Company”) (Nasdaq:SSSS), a publicly traded investment fund that seeks to invest in high-growth, venture-backed private companies, today announced the Company’s Board of Directors has declared a dividend in the amount of $0.12 per share payable on January 15, 2020 to the Company’s stockholders of record as of the close of business on December 31, 2019.  The dividend will be paid in cash. As previously announced by Sutter Rock on November 15, 2019, in addition to the dividend of $0.20 per share declared on November 5, 2019, the Company expected to declare an subsequent dividend in the range of $0.05 to $0.50 per share.  This expected range was subject to the outcome of the then-outstanding modified “Dutch Auction” tender offer and ongoing M&A activity in Sutter Rock’s investment portfolio during the fourth quarter of the year. At this time, the Company is still awaiting the outcome of t Show less Read more
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