Harvest Capital Credit Corporation (NASDAQ:HCAP) announced a monthly dividend on Wednesday, August 9th, Wall Street Journal reports. Investors of record on Thursday, September 21st will be given a dividend of 0.1125 per share by the investment management company on Thursday, September 28th. This represents a $1.35 dividend on an annualized basis and a yield of 9.90%. The ex-dividend date is Wednesday, September 20th.

Shares of Harvest Capital Credit Corporation (NASDAQ HCAP) opened at 13.64 on Tuesday. Harvest Capital Credit Corporation has a 1-year low of $11.99 and a 1-year high of $14.88. The company’s 50-day moving average is $13.46 and its 200-day moving average is $13.52.

Harvest Capital Credit Corporation (NASDAQ:HCAP) last released its quarterly earnings results on Wednesday, August 9th. The investment management company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. Harvest Capital Credit Corporation had a net margin of 27.50% and a return on equity of 11.71%. The firm had revenue of $5.08 million for the quarter, compared to analysts’ expectations of $5.14 million. On average, equities analysts predict that Harvest Capital Credit Corporation will post $1.44 earnings per share for the current fiscal year.

HCAP has been the topic of several recent research reports. Zacks Investment Research raised shares of Harvest Capital Credit Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $13.50 target price on shares of Harvest Capital Credit Corporation in a research note on Friday, August 11th.

In other Harvest Capital Credit Corporation news, insider Richard Paul Buckanavage sold 3,000 shares of Harvest Capital Credit Corporation stock in a transaction on Friday, August 25th. The shares were sold at an average price of $13.65, for a total transaction of $40,950.00. Following the sale, the insider now owns 57,172 shares of the company’s stock, valued at approximately $780,397.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 9.50% of the company’s stock.

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About Harvest Capital Credit Corporation

Harvest Capital Credit Corporation is an externally managed, closed-end, non-diversified management investment company. The Company operates as a business development company and provides customized financing solutions for small to mid-sized companies. Its investment objective is to generate both current income and capital appreciation by making direct investments in the form of subordinated debt, senior debt, and to a lesser extent, minority equity investments in privately-held the United States small to mid-sized companies.

Dividend History for Harvest Capital Credit Corporation (NASDAQ:HCAP)

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