Sutter Rock Capital Corp. Announces Quarterly Dividend of $0.25 (NASDAQ:SSSS)

Sutter Rock Capital Corp. (NASDAQ:SSSS) announced a quarterly dividend on Wednesday, October 28th, Zacks reports. Stockholders of record on Tuesday, November 10th will be given a dividend of 0.25 per share on Monday, November 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 12.11%. The ex-dividend date of this dividend is Monday, November 9th.

Shares of SSSS traded down $0.32 during midday trading on Friday, reaching $8.26. The stock had a trading volume of 5,807 shares, compared to its average volume of 437,411. Sutter Rock Capital has a 52 week low of $3.60 and a 52 week high of $14.91. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.27 and a quick ratio of 0.27. The firm’s 50 day moving average price is $10.33 and its 200-day moving average price is $9.64. The company has a market capitalization of $143.76 million, a P/E ratio of 63.69 and a beta of 1.66.

Sutter Rock Capital (NASDAQ:SSSS) last issued its earnings results on Wednesday, August 5th. The company reported $1.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.50. The business had revenue of $0.24 million for the quarter. Sutter Rock Capital had a negative return on equity of 7.67% and a net margin of 440.27%.

A number of brokerages recently issued reports on SSSS. BidaskClub cut Sutter Rock Capital from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 13th. Barrington Research restated an “outperform” rating and issued a $15.00 target price (up from $12.00) on shares of Sutter Rock Capital in a report on Thursday, August 6th. Finally, BTIG Research restated a “buy” rating and issued a $16.00 target price on shares of Sutter Rock Capital in a report on Thursday, August 6th.

Sutter Rock Capital Company Profile

Sutter Rock Capital Corp. is specializing in growth capital, B round and beyond, emerging growth, and pre-IPO investments in late stage venture-backed private companies. It makes direct (primary rounds) investments in companies and also makes secondary direct investments. The fund may also invest in select publicly-traded equity securities of companies that otherwise meet its investment criteria.

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Dividend History for Sutter Rock Capital (NASDAQ:SSSS)

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