DIVIDEND ANNOUNCEMENT: Portman Ridge Finance Corp (NASDAQ:PTMN) on 02/05/2020 declared a dividend of $0.0600 per share

Portman Ridge Finance Corp (NASDAQ:PTMN) on 02/05/2020 declared a dividend of $ 0.0600 per share payable on February 28, 2020 to shareholders of record as of February 18, 2020.

Portman Ridge Finance Corp (NASDAQ:PTMN) has paid dividends since 1970, has a current dividend yield of 10.3896102905% and has increased its dividends for 1 successive years.

Portman Ridge Finance Corp's market cap is $ 86,329,320 and has a PE ratio of 28.88. The stock price closed yesterday at $ 2.31 and has a 52 week low/high of $ 1.99 and $ 3.80.

Portman Ridge Finance is an externally managed, non-diversified closed-end investment company. Co. originates, structures, and invests in secured term loans, bonds or notes and mezzanine debt primarily in privately-held middle market companies but may also invests in other investments such as loans to publicly-traded companies, high-yield bonds, and distressed debt securities. Co. also invests in joint ventures and debt and subordinated securities issued by collateralized loan obligation funds. Co. may also invests in the equity securities of privately held middle market companies and may also receive warrants or options to purchase common stock in connection with its debt investments.

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