secwatch.observer — SEC 8-K summary
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Issuer:     RAND CAPITAL CORP (RAND)
CIK:        0000081955
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0001493152-24-008773
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rand Capital Reports 27% Total Investment Income Growth in 2023; Dividends Up 60% to $1.33/Share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81955/000149315224008773/0001493152-24-008773-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81955/000149315224008773/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-008773

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