Forecasted dividends of $0.13 are lurking just around the corner for Capitala Finance Corp. (NASDAQ:CPTA) shareholder?

July 18, 2017 - By Louis Casey

 Forecasted dividends of $0.13 are lurking just around the corner for Capitala Finance Corp. (NASDAQ:CPTA) shareholder?
Investors sentiment increased to 2.3 in Q4 2016. Its up 1.23, from 1.07 in 2016Q3. It improved, 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.
Regent Inv Limited Liability Corporation holds 0.28% or 42,407 shares in its portfolio. California Public Employees Retirement invested in 0% or 40,000 shares. Sumitomo Mitsui Asset Management Ltd holds 0.05% or 208,777 shares in its portfolio. 9 were reported by Jpmorgan Chase. Royal Comml Bank Of Canada reported 3,700 shares. Hamilton Lane Advisors Limited Com holds 3.94% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA) for 464,799 shares. Ares Ltd Limited Liability Company owns 318,213 shares. Asset Management stated it has 715,671 shares or 0.15% of all its holdings. Pineno Levin Ford Asset invested in 64,065 shares. Barclays Public Ltd Co holds 0% or 14 shares. Moreover, Edge Wealth Mngmt Llc has 0% invested in Capitala Finance Corp (NASDAQ:CPTA) for 1,000 shares. Muzinich, a New York-based fund reported 317,800 shares. Bridgeway Mngmt Inc has 81,280 shares for 0.01% of their portfolio. Goldman Sachs Group has invested 0% of its portfolio in Capitala Finance Corp (NASDAQ:CPTA). Blackrock Gp Ltd holds 109,370 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. On Thursday, September 3 the stock rating was initiated by Keefe Bruyette & Woods with “Market Perform”. As per Wednesday, May 31, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Buy” rating on Friday, August 12 by Deutsche Bank. Wunderlich maintained Capitala Finance Corp (NASDAQ:CPTA) on Tuesday, January 5 with “Buy” rating. The company was maintained on Tuesday, August 11 by MLV. The firm earned “Overweight” rating on Thursday, March 10 by Barclays Capital. Ladenburg Thalmann downgraded the stock to “Neutral” rating in Thursday, November 10 report. The firm has “Buy” rating given on Thursday, October 6 by Ladenburg Thalmann. The rating was downgraded by Ladenburg Thalmann to “Neutral” on Wednesday, March 9. The firm earned “Market Perform” rating on Friday, September 23 by JMP Securities.

More notable recent Capitala Finance Corp (NASDAQ:CPTA) news were published by: Businesswire.com which released: “Capitala Finance Corp. Announces Pricing of $50 Million of 5.75% Convertible …” on May 23, 2017, also Bizjournals.com with their article: “Joe Alala’s Capitala Finance Corp. prices IPO at $20 per share” published on September 25, 2013, Marketwatch.com published: “13.249” on October 21, 2013. More interesting news about Capitala Finance Corp (NASDAQ:CPTA) were released by: Zacks.com and their article: “Should Value Investors Pick Capitala Finance (CPTA) Stock Now?” published on July 14, 2017 as well as Seekingalpha.com‘s news article titled: “Capitala Finance Corp’s (CPTA) CEO Joe Alala on Q4 2016 Results – Earnings …” with publication date: March 08, 2017.

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