Crescent Capital BDC, Inc. (CCAP) To Go Ex-Dividend on December 31st

Crescent Capital BDC, Inc. (NASDAQ:CCAP) declared a quarterly dividend on Wednesday, November 12th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.42 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date is Wednesday, December 31st.

Crescent Capital BDC has a dividend payout ratio of 97.7% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

Crescent Capital BDC Stock Performance

NASDAQ:CCAP opened at $13.59 on Friday. The stock’s fifty day moving average is $14.55 and its 200 day moving average is $14.86. Crescent Capital BDC has a fifty-two week low of $13.31 and a fifty-two week high of $20.19. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.27 and a current ratio of 1.27.

Crescent Capital BDC (NASDAQ:CCAP) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). Crescent Capital BDC had a net margin of 20.84% and a return on equity of 9.71%. The firm had revenue of $41.35 million for the quarter, compared to the consensus estimate of $42.35 million. As a group, equities research analysts forecast that Crescent Capital BDC will post 2.09 earnings per share for the current fiscal year.

Crescent Capital BDC Company Profile

Crescent Capital BDC, Inc is as a business development company private equity / buyouts and loan fund. It specializes in directly investing. It specializes in middle market. The fund seeks to invest in United States.