Portman Ridge Finance Corp (BCIC) To Go Ex-Dividend on March 15th

Portman Ridge Finance Corp (NASDAQ:BCIC) announced a monthly dividend on Wednesday, November 11th. Stockholders of record on Monday, March 15th will be given a dividend of $0.09 per share on Tuesday, March 30th. This represents a $1.08 annualized dividend and a dividend yield of 19.5%. The ex-dividend date of this dividend is Monday, March 15th.

Portman Ridge Finance Price Performance

NASDAQ BCIC opened at $5.55 on Friday. The company has a 50-day moving average price of $6.65 and a 200-day moving average price of $7.96. Portman Ridge Finance has a 52 week low of $5.36 and a 52 week high of $13.44. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $68.71 million, a P/E ratio of 3.40 and a beta of 0.55.

Portman Ridge Finance Company Profile

Portman Ridge Finance Corporation is a business development company that provides financing to privately owned, primarily middle-market companies in the United States. The company invests across the capital structure, with a focus on senior secured loans, subordinated debt and, in some cases, equity securities. Through its investment portfolio, Portman Ridge seeks to support companies with acquisition financing, recapitalizations, refinancing and general corporate funding. Its investments may include first-lien and second-lien loans, unitranche facilities and other structured credit instruments.