Portman Ridge Finance Corp (BCIC) To Go Ex-Dividend on August 14th

Portman Ridge Finance Corp (NASDAQ:BCIC) announced a monthly dividend on Thursday, May 7th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.09 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date is Friday, August 14th.

Portman Ridge Finance Price Performance

Portman Ridge Finance stock opened at $7.75 on Wednesday. Portman Ridge Finance has a 1-year low of $6.70 and a 1-year high of $13.50. The stock has a fifty day simple moving average of $7.30. The company has a debt-to-equity ratio of 1.74, a current ratio of 4.43 and a quick ratio of 4.43. The firm has a market cap of $95.92 million, a PE ratio of -14.09 and a beta of 0.50.

Portman Ridge Finance Company Profile

Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm’s business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors.