Capitala Finance Corp. Announces Distributions
02 July 2018 - 9:30PM
Business Wire
Capitala Finance Corp. (the “Company,” “our,” or “Capitala”)
(Nasdaq:CPTA) declared normal distributions for the third quarter
of 2018.
Third Quarter 2018 Distributions
On July 2, 2018, the Company’s Board of Directors declared
normal monthly distributions for the third quarter of 2018 as set
forth below:
Record
Date
Payment
Date
Amount
PerShare
7/23/18 7/30/18 $0.0833 8/23/18 8/30/18 $0.0833 9/20/18 9/27/18
$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. Since 1998, Capitala Group has
grown to be a $2.7 billion investment firm whose managed funds have
invested in over 145 businesses, representing over $1.4 billion of
investments in a variety of industries throughout North America.
Capitala’s approach to investing, whether in its growth fund
strategy or it lower middle market credit strategy, has proven to
be a reliable and attractive financing solution to our partners.
Capitala Group manages both public capital (Capitala Finance Corp.)
(Nasdaq:CPTA) and private capital (Capitala Private Credit Fund V,
L.P.; CapitalSouth SBIC Fund IV, L.P.; and Capitala Specialty
Lending Corp.) 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: https://www.businesswire.com/news/home/20180702005003/en/
Capitala Finance Corp.Stephen Arnall, 704-376-5502Chief
Financial Officersarnall@capitalagroup.com
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