Funding Small, Growing Businesses for Over 50 Years
Rand Capital is an externally-managed Business Development Company (BDC) with a wholly-owned subsidiary licensed by the U.S. Small Business Administration (SBA) as a Small Business Investment Company (SBIC). The Company’s investment objective is to maximize total return to its shareholders with current income and capital appreciation by focusing its debt and related equity investments in privately-held, lower middle market companies with committed and experienced managements in a broad variety of industries.
Investing in and Assisting Entrepreneurs
Our Small Business Investment Company (SBIC) license provides us access to long-term, low interest, fixed rate loans from the U.S. Small Business Administration (SBA).
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Dividend to be paid on January 19, 2021 to shareholders of record as of December 31, 2020 BUFFALO, N.Y.--(BUSINESS WIRE)-- Rand Capital Corporation (Nasdaq: RAND) (“Rand”), a business development company (“BDC”), today announced that its Board of Directors declared a 2020 cash dividend of $1.33 per share. The 2020 cash dividend will be paid on or about January 19, 2021 to shareholders of record as of December 31, 2020. The cash dividend is expected to represent over 90% of… Read More
