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

Portman Ridge Finance Corp (NASDAQ:BCIC) declared a monthly dividend on Thursday, May 7th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.09 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 15.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Portman Ridge Finance Price Performance

NASDAQ BCIC opened at $7.13 on Friday. Portman Ridge Finance has a 1 year low of $6.70 and a 1 year high of $13.50. The business’s fifty day moving average is $7.40 and its two-hundred day moving average is $7.84. The stock has a market capitalization of $88.27 million, a P/E ratio of -12.96 and a beta of 0.50. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.45 and a current ratio of 1.45.

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.