Can we expect Capitala Finance Corp. (NASDAQ:CPTA) to bring investors news of $0.13 dividends?

July 18, 2017 - By Ellis Scott

 Can we expect Capitala Finance Corp. (NASDAQ:CPTA) to bring investors news of $0.13 dividends?
Investors sentiment increased to 2.3 in 2016 Q4. Its up 1.23, from 1.07 in 2016Q3. It increased, as 2 investors sold Capitala Finance Corp shares while 8 reduced holdings. 9 funds opened positions while 14 raised stakes. 3.85 million shares or 31.18% more from 2.93 million shares in 2016Q3 were reported.
Jpmorgan Chase & Communication holds 0% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA) for 9 shares. Bridgeway Cap Mgmt holds 81,280 shares. Stephens Ar reported 115,132 shares. 20,869 are held by Bank & Trust Of America Corp De. Morgan Stanley invested 0% in Capitala Finance Corp (NASDAQ:CPTA). Royal Bancorp Of Canada invested 0% in Capitala Finance Corp (NASDAQ:CPTA). Sumitomo Mitsui Asset Mgmt Ltd holds 0.05% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA) for 208,777 shares. Kemper holds 228,737 shares or 1.72% of its portfolio. Minnesota-based Us Bancorporation De has invested 0% in Capitala Finance Corp (NASDAQ:CPTA). Cetera Advisor Network stated it has 0.01% in Capitala Finance Corp (NASDAQ:CPTA). Manufacturers Life Insur The holds 0% or 529 shares. Asset Mgmt stated it has 0.15% in Capitala Finance Corp (NASDAQ:CPTA). Moreover, Tower Cap Limited Co (Trc) has 0% invested in Capitala Finance Corp (NASDAQ:CPTA). Pineno Levin & Ford Asset Incorporated holds 0.4% in Capitala Finance Corp (NASDAQ:CPTA) or 64,065 shares. Advisory Research has 226,096 shares.

Capitala Finance Corp. (NASDAQ:CPTA) is expected to pay $0.13 on Jul 28, 2017. The indicated annual dividend is $1.56. Shareholders owning the stock before Jul 19, 2017 will be eligible to receive the payout. Based on Capitala Finance Corp.’s current price of $13.44, the dividend is 0.97 %. This dividend’s record date is Jul 21, 2017 and the announcement date is Jul 3, 2017. The stock increased 0.67% or $0.09 on July 17, reaching $13.44. About shares traded. Capitala Finance Corp (NASDAQ:CPTA) has risen 2.79% since July 18, 2016 and is uptrending. It has underperformed by 13.91% the S&P500.

Capitala Finance Corp. is an externally managed non-diversified, closed-end management investment company. The company has market cap of $213.06 million. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. It has a 11.69 P/E ratio. Both directly and through its subsidiaries that are licensed by the United States Small Business Administration , the Company offers financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.

Capitala Finance Corp (NASDAQ:CPTA) Ratings Coverage

Among 10 analysts covering Capitala Finance (NASDAQ:CPTA), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Capitala Finance had 22 analyst reports since August 11, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, November 11 report. The stock has “Buy” rating by Wunderlich on Tuesday, January 5. JMP Securities downgraded the shares of CPTA in report on Friday, September 23 to “Market Perform” rating. Stephens initiated it with “Equal Weight” rating and $17 target in Tuesday, August 18 report. The rating was downgraded by Wunderlich to “Hold” on Friday, September 23. The firm earned “Market Perform” rating on Thursday, September 3 by Keefe Bruyette & Woods. FBR Capital downgraded the shares of CPTA in report on Wednesday, May 11 to “Market Perform” rating. Stephens maintained the stock with “Equal-Weight” rating in Thursday, March 17 report. The stock of Capitala Finance Corp (NASDAQ:CPTA) earned “Neutral” rating by Ladenburg Thalmann on Thursday, November 10. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, August 12 report.

More notable recent Capitala Finance Corp (NASDAQ:CPTA) news were published by: Seekingalpha.com which released: “Capitala Finance Corp’s (CPTA) CEO Joe Alala on Q4 2016 Results – Earnings …” on March 08, 2017, also Marketwatch.com with their article: “13.249” published on October 21, 2013, Nasdaq.com published: “Capitala Finance Corp. (CPTA) Ex-Dividend Date Scheduled for September 20, 2016” on September 19, 2016. More interesting news about Capitala Finance Corp (NASDAQ:CPTA) were released by: Businesswire.com and their article: “Capitala Finance Corp. Schedules Second Quarter 2017 Earnings Release, Podcast …” published on July 11, 2017 as well as Businesswire.com‘s news article titled: “Capitala Finance Corp. Announces Pricing of $50 Million of 5.75% Convertible …” with publication date: May 23, 2017.

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