secwatch.observer — SEC 8-K summary
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Issuer:     RAND CAPITAL CORP (RAND)
CIK:        0000081955
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001493152-24-048884
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/81955/000149315224048884/0001493152-24-048884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81955/000149315224048884/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048884

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