Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.
Runway Growth Finance Dividend Announcement
• Runway Growth Finance announced a quarterly dividend of $0.45 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-08-12
• Runway Growth Finance annual dividend for 2024 was $1.39
• Runway Growth Finance annual dividend for 2023 was $1.81
• Runway Growth Finance's trailing twelve-month (TTM) dividend yield is 18.56%
• Runway Growth Finance's payout ratio for the trailing twelve months (TTM) is 245.07%
Runway Growth Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | $0.45 | quarterly | 2024-08-26 |
2024-05-09 | $0.47 | quarterly | 2024-05-24 |
2024-02-09 | $0.47 | quarterly | 2024-02-28 |
2023-11-10 | $0.46 | quarterly | 2023-11-28 |
2023-08-14 | $0.45 | quarterly | 2023-08-31 |
2023-05-12 | $0.45 | quarterly | 2023-05-31 |
2023-03-06 | $0.45 | quarterly | 2023-03-21 |
2022-11-07 | $0.36 | quarterly | 2022-11-22 |
2022-08-08 | $0.33 | quarterly | 2022-08-23 |
2022-05-09 | $0.30 | quarterly | 2022-05-24 |
2022-03-07 | $0.27 | quarterly | 2022-03-22 |
2021-11-05 | $0.25 | quarterly | 2021-11-22 |
Runway Growth Finance Dividend per year
Runway Growth Finance Dividend growth
Runway Growth Finance Dividend Yield
Runway Growth Finance current trailing twelve-month (TTM) dividend yield is 18.56%. Interested in purchasing Runway Growth Finance stock? Use our calculator to estimate your expected dividend yield:
Runway Growth Finance Financial Ratios
Runway Growth Finance Dividend FAQ
Other factors to consider when evaluating Runway Growth 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.
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1. Determination of Dividend: Runway Growth 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, Runway Growth 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, Runway Growth 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 Runway Growth 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.
1. Record Date: Runway Growth 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, Runway Growth 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: Runway Growth 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.
To assess the safety of Runway Growth 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 Runway Growth 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.