TICC Capital (TICC) Shares Climb 5% After Earnings And Dividend News
By Daniel James Hayden IV
March 11, 2010 3:21 PM
March 11, 2010 3:21 PM
Shares of TICC Capital Corp. (NASDAQ: TICC) were up nearly 5% in afternoon trading, after the company reported financial results for 2009 and announced a dividend.
For fiscal year 2009, TICC Capital Corp. reported approximately $20.5 million of total investment income and $13.5 million of net investment income, compared to $37.3 million of total investment income and $22.2 million of net investment income for 2008.
TICC Capital Corp. also announced that it would pay a dividend of 15 cents per share for the 1st quarter of 2010.
TICC Capital Corp. will pay the dividend on March 31, 2010 to shareholders of record as of March 24, 2010.
Shares of TICC Capital Corp. were up nearly 5%, trading at $6.88 in late afternoon trading.
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