{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-008773","form_type":"8-K","ticker":"RAND","cik":"0000081955","company_name":"RAND CAPITAL CORP","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.000989+00:00","generated_at":"2026-06-05T04:26:57.599724+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Rand Capital Reports 27% Total Investment Income Growth in 2023; Dividends Up 60% to $1.33/Share","bullets":["Total investment income $7.3M in 2023 (+27% YoY); Q4 income $1.9M (+11%).","Adjusted net investment income per share $1.46, up 11% from $1.31 in 2022.","Portfolio fair value $77.1M (+25% YoY); debt yield 13.6% vs 12.6% year-end 2022.","Dividends paid $1.33 per share in 2023, up 60%; regular Q1 2024 dividend of $0.25 declared.","NAV per share $23.56, up 5% from year-end 2022; total net assets $60.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-008773","json":"https://secwatch.observer/filing/0001493152-24-008773.json","markdown":"https://secwatch.observer/filing/0001493152-24-008773.md","text":"https://secwatch.observer/filing/0001493152-24-008773.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81955/000149315224008773/0001493152-24-008773-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81955/000149315224008773/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:26:57.599724+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7d2a541be590df28d38677a56388e66bcba3bcec","claim":"RAND CAPITAL CORP reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue Total investment income of $7.3 million increased $1.6 million, or 27%, from the prior year, net income Net investment income per share was $1.15 for 2023 compared with $1.72 per share in the prior year, EPS $0.37 per share.","evidence_excerpt":"filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 NEWS RELEASE 14 Lafayette Square, Suite 1405 ● Buffalo, New York 14203 FOR IMMEDIATE RELEASE Rand Capital Reports 27% Increase in Total Investment Income for 2023 ● Portfolio expansion centered on debt investments drives total investment income growth of 11% to $1.9 million for the fourth","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/81955/000149315224008773/0001493152-24-008773-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended December 31, 2023"},{"label":"Revenue","value":"Total investment income of $7.3 million increased $1.6 million, or 27%, from the prior year"},{"label":"Net income","value":"Net investment income per share was $1.15 for 2023 compared with $1.72 per share in the prior year"},{"label":"EPS","value":"$0.37 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}