Welcome to our dedicated page for Rand Capital news (Ticker: RAND), a resource for investors and traders seeking the latest updates and insights on Rand Capital stock.
Rand Capital (RAND) combines publishing heritage with modern investment management through its closed-end fund structure. This news hub provides investors with essential updates on strategic decisions, financial performance, and market positioning across both sectors.
Access authoritative coverage of earnings reports, portfolio company developments, and capital allocation strategies. Our curated collection includes press releases on acquisitions, risk management initiatives, and shareholder return programs – all critical for assessing RAND's dual revenue streams.
Key focus areas include updates from portfolio holdings like Lumious and GiveGab, dividend announcements, and analyses of the company's balance between income generation and capital appreciation. Bookmark this page for real-time insights into how RAND navigates competitive markets while maintaining its unique hybrid operational model.
Rand Capital (Nasdaq: RAND), a business development company, reported mixed Q2 2025 results. Total investment income decreased 25% to $1.6 million, primarily due to portfolio repayments and slower deal originations. However, net investment income increased to $2.5 million ($0.83 per share), driven by a non-cash capital gains incentive fee adjustment.
The company's portfolio value declined 26% to $52.4 million across 19 businesses, with 86% in debt investments. Notable events include a significant $9.5 million write-down of investment in Tilson Technologies following its Chapter 11 bankruptcy filing. Rand maintained strong liquidity with $25 million available and no debt, declaring a quarterly dividend of $0.29 per share.
Rand Capital (Nasdaq: RAND), a business development company focused on lower middle market financing, has declared a quarterly cash dividend of $0.29 per share. The dividend will be paid on September 12, 2025, to shareholders of record as of August 29, 2025.
The company, which has approximately 3 million shares outstanding, notes that future dividend distributions will be determined by the Board of Directors based on estimates of taxable income, which may differ from consolidated net income under GAAP due to various accounting factors.
Rand Capital (Nasdaq: RAND), a business development company focused on lower middle market financing, has scheduled its second quarter 2025 financial results announcement for Monday, August 4, 2025, before market open.
The company will host a conference call and webcast at 1:30 p.m. Eastern Time on the same day. A replay will be available until August 18, 2025, accessible via phone at (412) 317-6671 with PIN 13754384, or through the investors' section of Rand Capital's website.
Rand Capital (Nasdaq: RAND) has declared a quarterly cash dividend of $0.29 per share for the second quarter of 2025. The dividend will be distributed around June 13, 2025, to shareholders of record as of May 30, 2025.
The business development company, which focuses on providing alternative financing for lower middle market companies, currently has approximately 3 million shares outstanding. The Board of Directors maintains discretion over dividend distributions, considering various factors including:
- Estimates of taxable income available for distribution
- Changes in unrealized appreciation and depreciation
- Temporary and permanent differences in income recognition
- Spillover income from previous years
Final determination of taxable income and distribution attributes will be made after the close of the tax year.
Rand Capital (Nasdaq: RAND), a business development company focused on lower middle market financing, has scheduled its first quarter 2025 financial results release for Monday, May 5, 2025, before markets open.
The company will host a conference call and webcast at 1:30 p.m. Eastern Time on the same day to discuss the results. Investors can access the call via phone at (201) 689-8263 or through the webcast at ir.randcapital.com.
A replay will be available until May 19, 2025, by dialing (412) 317-6671 with PIN 13752618. The webcast replay and transcript will be posted in the investors' section of the company website.
Rand Capital (NASDAQ: RAND) reported strong financial results for 2024, with total investment income increasing 17% to $8.6 million. The company's strategic focus on debt investments, which now represent 75% of the portfolio (up from 64% in 2023), drove significant growth. Net Asset Value (NAV) per share grew 7% year-over-year to $25.31.
Key highlights include: reduction of bank debt by $15.7 million, strategic capital deployment of $14 million in new investments, and a 16% increase in regular quarterly cash dividends. Total dividends for 2024 reached $5.03 per share, including both stock and cash distributions. The company's debt investment portfolio achieved a 13.8% annualized weighted average yield.
Fourth quarter performance showed an 11% increase in investment income to $2.1 million, with net investment income rising to $2.2 million ($0.86 per share). The company maintains strong liquidity with over $24 million available in credit facilities and continues its disciplined growth strategy focused on lower middle market companies.
Rand Capital (NASDAQ: RAND) has declared a quarterly cash dividend of $0.29 per share for the first quarter of 2025, payable on March 28, 2025, to shareholders of record as of March 14, 2025. Following a recent issuance of approximately 389,000 additional shares to investors, the company now has about 3.0 million shares outstanding.
The maintained dividend rate, combined with the increased share count, represents a 15% increase in total dividend distribution, reflecting the company's business resilience and commitment to shareholder value. CEO Daniel P. Penberthy emphasized the achievement of significant milestones in 2024 that enhanced their ability to return capital to shareholders.
Rand Capital (Nasdaq: RAND), a business development company focused on lower middle market financing, has scheduled its Fourth Quarter and Full Year 2024 financial results release for Monday, March 10, 2025, before market opening. The company will host a conference call and webcast at 1:30 p.m. Eastern Time on the same day to discuss the results.
A replay of the call will be available from 5:30 p.m. ET until March 24, 2025, by dialing (412) 317-6671 with PIN 13751144. The webcast replay and transcript will be accessible through the investor relations section at ir.randcapital.com.
Rand Capital (NASDAQ: RAND) announced shareholder election results for its Q4 2024 dividend of $4.20 per share, totaling approximately $10.8 million. The dividend payment structure includes a 20% cash component (approximately $2.2 million) and the remaining 80% in stock (approximately $8.7 million).
The stock portion will be distributed based on a volume-weighted average price of $22.30, resulting in approximately 389,000 new shares. After distribution, total shares outstanding will be approximately 2.97 million. While 98% of shareholders elected for cash dividends, due to the cash limitation, they will receive a pro-rated distribution of approximately 20.4% cash and 79.6% stock. The dividend distribution is scheduled for January 24, 2025.
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