Capitala Finance Corp. Announces Distributions
April 02 2018 - 8:00AM
Business Wire
Capitala Finance Corp. (the “Company,” “our,” or “Capitala”)
(Nasdaq:CPTA) declared normal distributions for the second quarter
of 2018.
Second Quarter 2018 Distributions
On April 2, 2018, the Company’s Board of Directors declared
normal monthly distributions for the second quarter of 2018 as set
forth below:
Record
Date
Payment
Date
Amount
PerShare
4/19/18 4/27/18 $0.0833 5/22/18 5/30/18 $0.0833 6/20/18 6/28/18
$0.0833
The Company has adopted an opt-out distribution reinvestment
plan (“DRIP”) that provides for reinvestment of distributions on
behalf of its shareholders, unless a shareholder elects to receive
cash. As a result, when the Company declares a cash distribution,
shareholders who have not opted out of the DRIP will have their
cash distributions automatically reinvested in additional shares of
the Company’s common stock, rather than receiving cash.
About Capitala Finance Corp.
Capitala Finance Corp. is a business development company that
invests primarily in first and second liens, subordinated debt and,
to lesser extent, equity securities issued by lower and traditional
middle-market companies. The Company is managed by Capitala
Investment Advisors, LLC. For more information on Capitala, or to
automatically receive email notifications of Company financial
information, press releases, stock alerts, or other corporate
filings, please visit the Investor Relations section of our
website.
About Capitala Group
Capitala Group is a leading provider of capital to lower and
traditional middle market companies, through its family of credit
focused funds. Since 1998, Capitala Group's managed funds have
participated in over 143 transactions, representing over $1.4
billion of investments in a variety of industries throughout North
America. Capitala Group manages both public capital (Capitala
Finance Corp.) (Nasdaq:CPTA) and private capital (Capitala Private
Credit Fund V, L.P. and CapitalSouth SBIC Fund IV, L.P.) for
institutional and individual investors, and seeks to partner with
strong management teams to create value and serve as long term
partners. For more information, please visit
www.CapitalaGroup.com.
Forward-Looking Statements
This press release contains certain forward-looking statements.
Words such as “believes,” “intends,” “expects,” “projects,”
“anticipates,” and “future” or similar expressions are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, condition or
results and involve a number of risks and uncertainties. Actual
results may differ materially from those in the forward-looking
statements as a result of a number of factors, including those
described from time to time in the Company’s filings with the
Securities and Exchange Commission. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20180402005003/en/
Capitala Finance Corp.Stephen Arnall, 704-376-5502Chief
Financial Officersarnall@capitalagroup.com
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