RC

Rand Capital

RAND
NASDAQFinancials
$10.71
USD
-0.18(-1.62%)
At close: Apr 29, 20:00 UTC
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Market Snapshot

Market Cap

$31.81M

P/E Ratio

-4.0

EPS

3.42

Revenue

$8.56M

Employees

4

Why RAND moved

Rand Capital announced a $0.29 quarterly dividend, offering shareholders a forward yield of 10.83%, with eligibility for those on record by May 27.

About

Rand Capital Corp is a US-based company operating in Capital Markets industry. The company is headquartered in Buffalo, New York and currently employs 0 full-time employees. Rand Capital Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to maximize the total return to its shareholders on current income and capital appreciation by focusing on its debt and related equity investments in privately held, lower middle market companies with committed and experienced management in a variety of industries. The firm invests in businesses that have sustainable, differentiated and market proven products. The firm invests at least 70 % of total assets in qualifying assets and provides managerial assistance to the portfolio companies in which it invests. The firm has a portfolio of investments across professional and business services, manufacturing, consumer products, software, distribution, automotive, and health and wellness. The firm's investment adviser is Rand Capital Management, LLC (RCM).

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