NEW YORK--(EON: Enhanced Online News)--Harvest Capital Credit Corporation (the “Company”) (NASDAQ: HCAP) announced that its Board of Directors has declared dividends of $0.1125 per share for the months of January, February and March 2017. The January dividend is payable on February 23, 2017 to shareholders of record on February 16, 2017. The February dividend is payable on March 23, 2017 to shareholders of record on March 16, 2017. The March dividend is payable on April 27, 2017 to shareholders of record on April 20, 2017. The Company’s distributions may include a return of capital to shareholders to the extent that the Company’s net investment income and net capital gains are insufficient to support the distributions. Distributions that are treated for tax purposes as a return of capital will reduce each shareholder’s basis in his, her or its shares. Returns of shareholder capital also have the effect of reducing the Company’s assets.
ABOUT HARVEST CAPITAL CREDIT CORPORATION
Harvest Capital Credit Corporation provides customized financing solutions to privately held small and mid-sized companies in the U.S., generally targeting companies with annual revenues of less than $100 million and annual EBITDA of less than $15 million. The Company’s investment objective is to generate both current income and capital appreciation primarily by making direct investments in the form of subordinated debt, senior debt, and, to a lesser extent, minority equity investments in privately held U.S. small to mid-sized companies. Harvest Capital Credit Corporation is externally managed and has elected to be treated as a business development company under the Investment Company Act of 1940.
© 2017 Harvest Capital Credit Corporation