NEW YORK--(BUSINESS WIRE)--Feb. 6, 2014-- Harvest Capital Credit Corporation (“Harvest Capital” or 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. The January dividend is payable on February 27, 2014 to shareholders of record on February 20, 2014. The February dividend is payable on March 27, 2014 to shareholders of record on March 20, 2014. The March dividend is payable on April 24, 2014 to shareholders of record on April 17, 2014. These dividends equate to an annualized dividend yield of 9% based upon the Company's $15.00 per share IPO price.
ABOUT HARVEST CAPITAL CREDIT CORPORATION
Harvest Capital Credit Corporation (NASDAQ: HCAP) provides customized financing solutions to privately held small and mid-sized companies in the U.S., generally targeting companies with annual revenues between $10 million and $100 million and annual EBITDA between $2Â million and $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 and, to a lesser extent, senior debt as well as minority equity investments. 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.
Source: Harvest Capital Credit Corporation
Investor & Media Relations
Harvest Capital Credit Corporation
Richard Buckanavage, 212-906-3592
President & Chief Executive Officer
Craig Kitchin, 678-392-3150
Chief Financial Officer