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Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.

Logan Ridge Finance Dividend Announcement

Logan Ridge Finance announced a monthly dividend of $0.33 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-22
Logan Ridge Finance annual dividend for 2024 was $0.98
Logan Ridge Finance annual dividend for 2023 was $0.96
Logan Ridge Finance's trailing twelve-month (TTM) dividend yield is 5.33%
Logan Ridge Finance's payout ratio for the trailing twelve months (TTM) is -83.32%

Logan Ridge Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22$0.33monthly2024-08-30
2024-05-20$0.33monthly2024-05-31
2024-03-22$0.32monthly2024-04-02
2023-11-17$0.30monthly2023-11-30
2023-08-21$0.26monthly2023-08-31
2023-05-19$0.22monthly2023-05-31
2023-03-17$0.18monthly2023-03-31
2020-03-20$0.08monthly2020-03-30
2020-02-19$0.08monthly2020-02-27
2020-01-23$0.08monthly2020-01-30
2019-12-20$0.08monthly2019-12-30
2019-11-21$0.08monthly2019-11-29
2019-10-21$0.08monthly2019-10-29
2019-09-19$0.08monthly2019-09-27
2019-08-21$0.08monthly2019-08-29
2019-07-22$0.08monthly2019-07-30
2019-06-19$0.08monthly2019-06-27
2019-05-22$0.08monthly2019-05-30
2019-04-18$0.08monthly2019-04-29
2019-03-20$0.08monthly2019-03-28
2019-02-19$0.08monthly2019-02-27
2019-01-23$0.08monthly2019-01-30
2018-12-19$0.08monthly2018-12-28
2018-11-20$0.08monthly2018-11-29
2018-10-22$0.08monthly2018-10-30
2018-09-19$0.08monthly2018-09-27
2018-08-22$0.08monthly2018-08-30
2018-07-20$0.08monthly2018-07-30
2018-06-19$0.08monthly2018-06-28
2018-05-21$0.08monthly2018-05-30
2018-04-18$0.08monthly2018-04-27
2018-03-22$0.08monthly2018-03-29
2018-02-16$0.08monthly2018-02-27
2018-01-19$0.08monthly2018-01-30
2017-12-19$0.08monthly2017-12-28
2017-11-20$0.08monthly2017-11-29
2017-10-20$0.08monthly2017-10-30
2017-09-19$0.13monthly2017-09-28
2017-08-21$0.13monthly2017-08-30
2017-07-19$0.13monthly2017-07-28
2017-06-19$0.13monthly2017-06-29
2017-05-19$0.13monthly2017-05-29
2017-04-17$0.13monthly2017-04-27
2017-03-21$0.13monthly2017-03-30
2017-02-15$0.13monthly2017-02-27
2017-01-18$0.13monthly2017-01-30
2016-12-19$0.13monthly2016-12-29
2016-11-17$0.13monthly2016-11-29
2016-10-19$0.13monthly2016-10-28
2016-09-20$0.16monthly2016-09-29
2016-08-18$0.16monthly2016-08-30
2016-07-20$0.16monthly2016-07-29
2016-06-17$0.16monthly2016-06-29
2016-05-19$0.16monthly2016-05-30
2016-04-20$0.16monthly2016-04-28
2016-03-18$0.16monthly2016-03-30
2016-02-17$0.16monthly2016-02-26
2016-01-20$0.16monthly2016-01-28
2015-12-18$0.21monthly2015-12-30
2015-11-18$0.21monthly2015-11-27
2015-10-21$0.21monthly2015-10-29
2015-09-21$0.21monthly2015-09-29
2015-08-19$0.21monthly2015-08-28
2015-07-21$0.21monthly2015-07-30
2015-06-18$0.21monthly2015-06-29
2015-05-19$0.21monthly2015-05-28
2015-04-21$0.21monthly2015-04-29
2015-03-19$0.21monthly2015-03-30
2015-02-18$0.16monthly2015-02-26
2015-01-20$0.16monthly2015-01-29
2014-12-17$0.16monthly2014-12-30
2014-11-19$0.16monthly2014-11-28
2014-10-20$0.16monthly2014-10-30
2014-09-10$0.47monthly2014-09-26
2014-06-05$0.47monthly2014-06-26
2014-03-12$0.47monthly2014-03-26
2013-12-06$0.47monthly2013-12-30

Logan Ridge Finance Dividend per year

Logan Ridge Finance Dividend growth

Logan Ridge Finance Dividend Yield

Logan Ridge Finance current trailing twelve-month (TTM) dividend yield is 5.33%. Interested in purchasing Logan Ridge Finance stock? Use our calculator to estimate your expected dividend yield:

Logan Ridge Finance Financial Ratios

P/E ratio-16.56
PEG ratio-0.17
P/B ratio0.72
ROE-4.30%
Payout ratio-83.32%
Current ratio0.56
Quick ratio0.56
Cash Ratio0.38

Logan Ridge Finance Dividend FAQ

How much is the next Logan Ridge Finance dividend?
Logan Ridge Finance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Logan Ridge Finance dividend. The next Logan Ridge Finance dividend will be released in March, May, August, or November.
When is Logan Ridge Finance dividend paid?
Logan Ridge Finance pays dividends on a monthly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Logan Ridge Finance pay?
The specific amount of Logan Ridge Finance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Logan Ridge Finance's dividend history.
Does Logan Ridge Finance stock pay dividends?
Yes, Logan Ridge Finance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Logan Ridge Finance's dividend history.
How much dividend does Logan Ridge Finance pay?
Logan Ridge Finance paid $0.98 in 2024, $0.96 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.249 in 2020.
How often does Logan Ridge Finance pay dividends?
Logan Ridge Finance typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Logan Ridge Finance's dividend yield?
The current dividend yield for Logan Ridge Finance is 5.33%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Logan Ridge Finance's exact dividend yield.
When does Logan Ridge Finance go ex dividend?
Logan Ridge Finance's ex-dividend date for the latest dividend was on 2024-08-22. Logan Ridge Finance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Logan Ridge Finance dividend paid?
Logan Ridge Finance pays dividends on a monthly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Logan Ridge Finance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Logan Ridge Finance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Logan Ridge Finance dividend per share?
Logan Ridge Finance paid $0.98 per share in 2024 and $0.96 per share in 2023. The amount of dividend per share that Logan Ridge Finance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Logan Ridge Finance a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Logan Ridge Finance a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Logan Ridge Finance a dividend stock?
Yes, Logan Ridge Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Logan Ridge Finance a good dividend stock?
Whether Logan Ridge Finance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Logan Ridge Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Logan Ridge Finance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Logan Ridge Finance pay dividends monthly?
Logan Ridge Finance typically pays dividends on a monthly basis.
Does Logan Ridge Finance pay dividends quarterly?
Logan Ridge Finance currently pays dividends on a monthly basis.
Has Logan Ridge Finance ever paid a dividend?
Yes, Logan Ridge Finance has a history of paying dividends to its shareholders. Logan Ridge Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Logan Ridge Finance dividend stocks?
To buy Logan Ridge Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Logan Ridge Finance stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Logan Ridge Finance pay dividends 2024?
Logan Ridge Finance pays dividends on a monthly basis. 2024 dividend payments are in 2024-08-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Logan Ridge Finance increase its dividend in 2024?
Decisions regarding Logan Ridge Finance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Logan Ridge Finance dividend overview you can look into the above table of dividend history.
How Logan Ridge Finance dividend works?
The Logan Ridge Finance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Logan Ridge Finance's dividend process works:

1. Determination of Dividend: Logan Ridge Finance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Logan Ridge Finance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Logan Ridge Finance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Logan Ridge Finance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Logan Ridge Finance dividends paid?
Logan Ridge Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Logan Ridge Finance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Logan Ridge Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Logan Ridge Finance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Logan Ridge Finance pay dividends?
Logan Ridge Finance typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Logan Ridge Finance pay dividends?
The general pattern is that Logan Ridge Finance pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Logan Ridge Finance dividend safe?
The safety of Logan Ridge Finance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Logan Ridge Finance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Logan Ridge Finance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.