Rand Capital Corporation is a business development company and regulated investment company specializing in private equity investments. The firm prefers to make investments through equity or debt instruments in lower middle market and in small to medium-sized privately held companies. It generally lends to more mature companies. The firm does not prefer to invest in real estate sector. It invests in companies that are engaged in the exploitation of new or unique products, technologies, or services. The firm invests in healthcare, consumer products, manufacturing, software, and professional services. It seeks to invest in companies based in the Western and Upstate New York region and its surrounding states with focus on Buffalo and Niagara region. The firm may invest in region within three to five hour drives from Western New York including Canada. It typically invests between $0.5 million and $1.5 million and the total investment in rounds is between $1 million and $5 million. The firm seeks to invest up to maximum of $3 million total per company as part of follow-on investments. It invest in startups and companies having annual revenue up to $10 million. It invest companies having EBITDA up to $5 million. The firm Follow-on investment(s) up to a targeted maximum of $2 million to $3 million total per company. The firm frequently participate three investment round. The firm seeks to be a lead investor in companies within its geographical area and participates in syndicate/co-invest with other investors outside it. It prefers to invest in businesses that are unique or possess proprietary right. The firm prefers to be a minority investor and seeks to take a Board seat in its portfolio companies. It typically holds its investments for a period of five to seven years. Rand Capital Corporation was founded in 1969 and is based in Buffalo, New York.
Rand Capital Dividend Announcement
• Rand Capital announced a quarterly dividend of $4.20 per ordinary share which will be made payable on 2025-01-24. Ex dividend date: 2024-12-16
• Rand Capital annual dividend for 2024 was $5.03
• Rand Capital annual dividend for 2023 was $1.33
• Rand Capital's trailing twelve-month (TTM) dividend yield is 6.9%
• Rand Capital's payout ratio for the trailing twelve months (TTM) is 29.30%
Rand Capital Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-16 | $4.20 | quarterly | 2025-01-24 |
| 2024-08-30 | $0.29 | quarterly | 2024-09-13 |
| 2024-05-31 | $0.29 | quarterly | 2024-06-14 |
| 2024-03-12 | $0.25 | quarterly | 2024-03-29 |
| 2023-12-15 | $0.63 | quarterly | 2023-12-29 |
| 2023-08-30 | $0.25 | quarterly | 2023-09-14 |
| 2023-05-30 | $0.25 | quarterly | 2023-06-14 |
| 2023-03-10 | $0.20 | quarterly | 2023-03-27 |
| 2022-12-16 | $0.38 | quarterly | 2022-12-30 |
| 2022-08-31 | $0.15 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.15 | quarterly | 2022-06-15 |
| 2022-03-11 | $0.15 | quarterly | 2022-03-28 |
| 2021-12-17 | $0.14 | quarterly | 2021-12-31 |
| 2021-09-01 | $0.10 | quarterly | 2021-09-16 |
| 2021-06-01 | $0.10 | quarterly | 2021-06-16 |
| 2021-03-12 | $0.10 | quarterly | 2021-03-29 |
| 2020-12-30 | $1.33 | quarterly | 2021-01-19 |
| 2020-05-12 | $0.32 | quarterly | |
| 2020-04-01 | $0.18 | quarterly | |
| 1994-06-14 | $0.22 | quarterly |
Rand Capital Dividend per year
Rand Capital Dividend growth
Rand Capital Dividend Yield
Rand Capital current trailing twelve-month (TTM) dividend yield is 6.9%. Interested in purchasing Rand Capital stock? Use our calculator to estimate your expected dividend yield:
Rand Capital Financial Ratios
P/E ratio4.25
PEG ratio-0.02
P/B ratio0.78
ROE19.68%
Payout ratio29.30%
Current ratio3.40
Quick ratio3.40
Cash Ratio3.03
Rand Capital Dividend FAQ
How much is the next Rand Capital dividend?
Rand Capital's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rand Capital dividend. The next Rand Capital dividend will be released in March, May, August, or December.
When is Rand Capital dividend paid?
Rand Capital pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and December. 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 Rand Capital pay?
The specific amount of Rand Capital 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 Rand Capital's dividend history.
Does Rand Capital stock pay dividends?
Yes, Rand Capital 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 Rand Capital's dividend history.
How much dividend does Rand Capital pay?
Rand Capital paid $5.03 in 2024, $1.33 in 2023, $0.83 in 2022, $0.44 in 2021, and $1.834 in 2020.
How often does Rand Capital pay dividends?
Rand Capital typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and December.
What is Rand Capital's dividend yield?
The current dividend yield for Rand Capital is 6.9%. 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 Rand Capital's exact dividend yield.
When does Rand Capital go ex dividend?
Rand Capital's ex-dividend date for the latest dividend was on 2024-12-16. Rand Capital 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 Rand Capital dividend paid?
Rand Capital pays dividends on a quarterly basis, typically around March, May, August, or December, but the exact dates can vary each year.
Will Rand Capital 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 Rand Capital 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 Rand Capital dividend per share?
Rand Capital paid $5.03 per share in 2024 and $1.33 per share in 2023. The amount of dividend per share that Rand Capital 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 Rand Capital 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 Rand Capital 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 Rand Capital a dividend stock?
Yes, Rand Capital is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rand Capital a good dividend stock?
Whether Rand Capital is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rand Capital has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Rand Capital 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.
Other factors to consider when evaluating Rand Capital 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 Rand Capital pay dividends monthly?
Rand Capital typically pays dividends on a quarterly basis.
Does Rand Capital pay dividends quarterly?
Rand Capital currently pays dividends on a quarterly basis.
Has Rand Capital ever paid a dividend?
Yes, Rand Capital has a history of paying dividends to its shareholders. Rand Capital is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rand Capital dividend stocks?
To buy Rand Capital 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 Rand Capital 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.
Place an order: Use the brokerage's trading platform to place an order to buy Rand Capital 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 Rand Capital pay dividends 2024?
Rand Capital pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-24. 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 Rand Capital increase its dividend in 2024?
Decisions regarding Rand Capital 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 Rand Capital dividend overview you can look into the above table of dividend history.
How Rand Capital dividend works?
The Rand Capital 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 Rand Capital's dividend process works:
1. Determination of Dividend: Rand Capital'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, Rand Capital 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, Rand Capital 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 Rand Capital 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.
1. Determination of Dividend: Rand Capital'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, Rand Capital 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, Rand Capital 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 Rand Capital 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 Rand Capital dividends paid?
Rand Capital dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Rand Capital 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, Rand Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rand Capital 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.
1. Record Date: Rand Capital 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, Rand Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rand Capital 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 Rand Capital pay dividends?
Rand Capital typically pays dividends on a quarterly 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 Rand Capital pay dividends?
The general pattern is that Rand Capital pays dividends around March, May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Rand Capital dividend safe?
The safety of Rand Capital'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 Rand Capital'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 Rand Capital'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.
To assess the safety of Rand Capital'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 Rand Capital'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.