---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048884"
form_type: "8-K"
ticker: "RAND"
cik: "0000081955"
company_name: "RAND CAPITAL CORP"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:53:07.646722+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rand Capital declares $4.20/share stock and cash dividend for Q4 2024

## Summary
- Dividend of $4.20 per share, aggregate ~$10.8 million, payable in cash and stock.
- Cash portion limited to 20% of aggregate (~$2.2M); remainder payable in common stock.
- Record date December 16, 2024; payment date on or about January 24, 2025.
- CEO cites $11.1M net realized gains in nine months ending Sept 30, 2024, from portfolio exits.
- Dividend reflects continued transition to a debt-focused portfolio of mezzanine investments.

## SEC filing metadata
- accession: 0001493152-24-048884
- form_type: 8-K
- ticker: RAND
- cik: 0000081955
- company_name: RAND CAPITAL CORP
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81955/000149315224048884/0001493152-24-048884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81955/000149315224048884/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048884
- JSON: https://secwatch.observer/filing/0001493152-24-048884.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048884.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.