American Capital (NASDAQ:ACSF) announced a monthly dividend on Friday, January 19th, Wall Street Journal reports. Shareholders of record on Thursday, April 19th will be paid a dividend of 0.097 per share by the asset manager on Wednesday, May 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 10.26%. The ex-dividend date is Wednesday, April 18th.
Shares of ACSF opened at $11.35 on Tuesday. The firm has a market cap of $111.50, a price-to-earnings ratio of 9.62 and a beta of 1.10. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.78. American Capital has a 1-year low of $10.35 and a 1-year high of $13.79.
A number of equities research analysts have weighed in on ACSF shares. ValuEngine lowered shares of American Capital from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. TheStreet upgraded shares of American Capital from a “c+” rating to a “b-” rating in a research note on Friday, March 16th.
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About American Capital
American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The Company’s investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States-based companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans.
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