Rand Capital Corp (RAND) Reports Q4 Loss of $0.14
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Rand Capital Reports Net Investment Income per Share of $0.29 for the Fourth Quarter 2020 and $0.77 for the Full Year
March 8, 2021 6:30 AM ESTFourth quarter investment income grew 7% to $1.1 million and net investment income grew measurably to $0.7 million compared with the fourth quarter of 2019 Investment income for the year grew 14% to $3.1 million compared with 2019; net investment income was measurably higher at $1.8 million Net asset value was $17.86 per share at year end Made largest initial funding of $3.8 million in new portfolio company in the fourth quarter Declared $1.33 per share for 2020 dividend; consisted of $0.39 per share from net investment income and $0.94 per share from capital gains... More
