Aankondiging • May 01
Rand Capital Corporation announces Quarterly dividend, payable on June 10, 2026 Rand Capital Corporation announced Quarterly dividend of USD 0.2900 per share payable on June 10, 2026, ex-date on May 27, 2026 and record date on May 27, 2026. Aankondiging • Apr 22
Rand Capital Corporation to Report Q1, 2026 Results on May 06, 2026 Rand Capital Corporation announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 Aankondiging • Mar 16
Rand Capital Corporation, Annual General Meeting, Apr 22, 2026 Rand Capital Corporation, Annual General Meeting, Apr 22, 2026. Aankondiging • Feb 26
Rand Capital Corporation Declares A Quarterly Cash Dividend, Payable on or About March 25, 2026 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about March 25, 2026, to shareholders of record as of March 11, 2026. Aankondiging • Feb 19
Rand Capital Corporation to Report Q4, 2025 Results on Mar 05, 2026 Rand Capital Corporation announced that they will report Q4, 2025 results Pre-Market on Mar 05, 2026 Aankondiging • Oct 24
Rand Capital Corporation to Report Q3, 2025 Results on Nov 07, 2025 Rand Capital Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 07, 2025 Aankondiging • Jul 29
Rand Capital Corporation Announces Cash Dividend for Third Quarter 2025, Payable on or About September 12, 2025 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about September 12, 2025, to shareholders of record as of August 29, 2025. Aankondiging • Jul 21
Rand Capital Corporation to Report Q2, 2025 Results on Aug 04, 2025 Rand Capital Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 04, 2025 Aankondiging • May 01
Rand Capital Corporation Declares Quarterly Cash Dividend for Second Quarter 2025, Payable on or About June 13, 2025 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share for Second Quarter 2025. The cash dividend will be distributed on or about June 13, 2025, to shareholders of record as of May 30, 2025. Aankondiging • Apr 23
Rand Capital Corporation to Report Q1, 2025 Results on May 05, 2025 Rand Capital Corporation announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on May 05, 2025 Aankondiging • Mar 17
Rand Capital Corporation, Annual General Meeting, Apr 23, 2025 Rand Capital Corporation, Annual General Meeting, Apr 23, 2025. Aankondiging • Mar 04
Rand Capital Corporation Declares Quarterly Cash Dividend, Payable on or About March 28, 2025 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about March 28, 2025, to shareholders of record as of March 14, 2025. Rand has approximately 3.0 million shares outstanding. Aankondiging • Feb 25
Rand Capital Corporation to Report Q4, 2024 Results on Mar 10, 2025 Rand Capital Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 10, 2025 Aankondiging • Dec 06
Rand Capital Corporation Declares Cash Dividend for Fourth Quarter 2024, Payable on or About January 24, 2025 Rand Capital Corporation announced that its Board of Directors declared a quarterly dividend of $4.20 per share, or approximately $10.8 million in the aggregate, to be paid in a combination of cash and shares of the Company’s common stock to shareholders of record as of December 16, 2024 (the “Record Date”). The total amount of cash to be distributed to all shareholders for the dividend will be limited to 20% of the aggregate amount of the total dividend to be paid (the “Cash Limitation”), or approximately $2.2 million, excluding any cash paid for fractional shares. The remaining portion of the dividend will be paid in shares of Rand’s common stock. The exact distribution of cash and stock to any given shareholder will be dependent upon his/her election as well as elections of other shareholders, subject to the Cash Limitation. The dividend will be distributed on or about January 24, 2025. Aankondiging • Oct 24
Rand Capital Corporation to Report Q3, 2024 Results on Nov 06, 2024 Rand Capital Corporation announced that they will report Q3, 2024 results at 9:30 AM, US Eastern Standard Time on Nov 06, 2024 Aankondiging • Aug 01
Rand Capital Corporation Declares Quarterly Cash Dividend, Payable on or About September 13, 2024 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The cash dividend will be distributed on or about September 13, 2024, to shareholders of record as of August 30, 2024. Aankondiging • Jul 26
Rand Capital Corporation to Report Q2, 2024 Results on Aug 06, 2024 Rand Capital Corporation announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 06, 2024 Aankondiging • May 09
Rand Capital Corporation Increases Regular Quarterly Cash Dividend for Second Quarter 2024, Payable on or About June 14, 2024 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share, which increased $0.04 per share, or 16%, from the dividend paid in the first quarter of 2024. The dividend will be distributed on or about June 14, 2024, to shareholders of record as of May 31, 2024. Aankondiging • May 01
Rand Capital Corporation to Report Q1, 2024 Results on May 13, 2024 Rand Capital Corporation announced that they will report Q1, 2024 results at 9:30 AM, US Eastern Standard Time on May 13, 2024 Aankondiging • Apr 02
Rand Capital Corporation, Annual General Meeting, May 07, 2024 Rand Capital Corporation, Annual General Meeting, May 07, 2024, at 10:30 Eastern Daylight. Agenda: To consider the election of five Directors to hold office until the next annual meeting of shareholders and until their successors have been duly elected and qualified; to consider and to ratify the selection of Freed Maxick CPAs, P.C. as company independent registered public accounting firm for the year ending December 31, 2024; and to consider other matters. Aankondiging • Feb 27
Rand Capital Corporation Declares Quarterly Cash Dividend, Payable on or About March 29, 2024 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share. The cash dividend will be distributed on or about March 29, 2024, to shareholders of record as of March 13, 2024. Aankondiging • Feb 21
Rand Capital Corporation to Report Q4, 2023 Results on Mar 05, 2024 Rand Capital Corporation announced that they will report Q4, 2023 results Pre-Market on Mar 05, 2024 Aankondiging • Oct 31
Rand Capital Corporation to Report Q3, 2023 Results on Nov 06, 2023 Rand Capital Corporation announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 06, 2023 Aankondiging • Jul 26
Rand Capital Corporation Announces Quarterly Dividend, Payable on or About September 14, 2023 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share. The cash dividend will be distributed on or about September 14, 2023, to shareholders of record as of August 31, 2023. Rand has approximately 2.6 million shares outstanding. Aankondiging • Jul 23
Rand Capital Corporation to Report Q2, 2023 Results on Aug 04, 2023 Rand Capital Corporation announced that they will report Q2, 2023 results at 9:30 AM, US Eastern Standard Time on Aug 04, 2023 Aankondiging • Dec 07
Rand Capital Corporation Declares Fourth Quarter Cash Dividend, Payable on December 30, 2022 Rand Capital Corporation announced that its Board of Directors declared a total quarterly cash dividend of $0.38 per share comprised of a $0.20 per share regular quarterly cash dividend, which was increased by $0.05 per share, and an $0.18 per share supplemental cash dividend. The dividend will be distributed on or about Friday, December 30, 2022, to shareholders of record as of Monday, December 19, 2022. At September 30, 2022, Rand had approximately 2.6 million shares outstanding. Aankondiging • Oct 25
Rand Capital Corporation to Report Q3, 2022 Results on Nov 07, 2022 Rand Capital Corporation announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 07, 2022 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 31 August 2022. Payment date: 15 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.2%. Within top quartile of American dividend payers (4.1%). Higher than average of industry peers (2.5%). Reported Earnings • Aug 08
Second quarter 2022 earnings released: US$0.73 loss per share (vs US$1.74 profit in 2Q 2021) Second quarter 2022 results: US$0.73 loss per share (down from US$1.74 profit in 2Q 2021). Revenue: US$1.35m (up 67% from 2Q 2021). Net loss: US$1.90m (down 142% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Aankondiging • Jul 29
Rand Capital Corporation Declares Quarterly Cash Dividend, Payable on or About September 15, 2022 Rand Capital Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share. The cash dividend will be distributed on or about September 15, 2022, to shareholders of record as of September 1, 2022. Aankondiging • Jul 26
Rand Capital Corporation to Report Q2, 2022 Results on Aug 08, 2022 Rand Capital Corporation announced that they will report Q2, 2022 results at 9:30 AM, US Eastern Standard Time on Aug 08, 2022 Upcoming Dividend • May 24
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 15 June 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 4.1%. Within top quartile of American dividend payers (4.0%). Higher than average of industry peers (2.6%). Recent Insider Transactions • May 13
Director recently bought US$134k worth of stock On the 11th of May, Adam Gusky bought around 9k shares on-market at roughly US$14.86 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$287k more in shares than they have sold in the last 12 months. Reported Earnings • May 10
First quarter 2022 earnings released: US$0.16 loss per share (vs US$3.11 profit in 1Q 2021) First quarter 2022 results: US$0.16 loss per share (down from US$3.11 profit in 1Q 2021). Net loss: US$410.5k (down 105% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Aankondiging • Apr 26
Rand Capital Corporation to Report Q1, 2022 Results on May 09, 2022 Rand Capital Corporation announced that they will report Q1, 2022 results Pre-Market on May 09, 2022 Aankondiging • Apr 23
Rand Capital Corporation Announces Directorate Changes Rand Capital Corporation announced Cari Jaroslawsky was elected to the Board of Directors, replacing Allen F. “Pete” Grum, whose directorship term expired at the Annual Meeting of Shareholders held on April 21, 2022. With these changes, Rand’s Board is comprised of five directors, four of whom are independent. Ms. Jaroslawsky brings over 25 years’ experience as an aerospace engineering executive and finance expert. Also a member of the Board of Directors of Graham Corporation, Ms. Jaroslawsky is currently a Senior Vice President and General Manager for Mission Systems Division, Eaton. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$6.12 (up from US$0.33 in FY 2020). Net income: US$15.8m (up US$15.1m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Aankondiging • Mar 03
Rand Capital Corporation to Report Q4, 2021 Results on Mar 08, 2022 Rand Capital Corporation announced that they will report Q4, 2021 results Pre-Market on Mar 08, 2022 Aankondiging • Mar 02
Rand Capital Corporation Declares Regular Quarterly Cash Dividend Distribution, Payable on March 28, 2022 Rand Capital Corporation ('Rand') announced that its Board of Directors declared its regular quarterly cash dividend distribution of $0.15 per share. This quarterly dividend represents a $0.05 per share increase from the previous regular quarterly dividends in 2021. The cash dividend will be distributed on or about March 28, 2022, to shareholders of record as of March 14, 2022. Aankondiging • Feb 11
Piano, Inc. acquired SocialFlow, Inc. Piano, Inc. acquired SocialFlow, Inc. on February 10, 2022. The transaction is a cash purchase, with funding provided by Updata Partners, Rittenhouse Ventures and Sixth Street Partners, and results in Piano acquiring 100% of the shares of SocialFlow. SocialFlow will continue to operate as an independent brand for the short term. Almost the entire staff from SocialFlow, about 25 people, will move over to Piano as a part of the deal. SocialFlow’s leadership will take on consultant roles at Piano. Houlihan Lokey, Inc. (NYSE:HLI) served as the exclusive financial adviser to Piano on the transaction, while Macquarie Group Limited (ASX:MQG) served as exclusive financial adviser to SocialFlow.
Piano, Inc. completed the acquisition of SocialFlow, Inc. on February 10, 2022. Executive Departure • Dec 03
Independent Chairman of the Board Erland Kailbourne has left the company On the 1st of December, Erland Kailbourne's tenure as Independent Chairman of the Board ended. As of September 2021, Erland still personally held 6.47k shares (US$104k worth at the time). Erland is the only executive to leave the company over the last 12 months. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$0.90 (vs US$0.10 in 3Q 2020) Third quarter 2021 results: Net income: US$2.32m (up US$2.06m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 25
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 01 September 2021. Payment date: 16 September 2021. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (3.5%). Higher than average of industry peers (1.8%). Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS US$1.74 (vs US$0.20 in 2Q 2020) Second quarter 2021 results: Net income: US$4.50m (up US$4.08m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$18.77, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 15x in the Capital Markets industry in the US. Total returns to shareholders of 87% over the past three years. Upcoming Dividend • May 25
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 01 June 2021. Payment date: 16 June 2021. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (3.4%). Higher than average of industry peers (1.7%). Aankondiging • May 11
Rand Capital Corporation (NasdaqCM:RAND) announces an Equity Buyback for $1.5 million worth of its shares. Rand Capital Corporation (NasdaqCM:RAND) announces a share repurchase program. Under the program, the company will repurchase up to $1.5 million worth of its common stock. The shares will be repurchased at a price per share common stock of no greater than the then current net asset value. The repurchase program will expire on April 22, 2022. Reported Earnings • May 11
First quarter 2021 earnings released: EPS US$3.11 (vs US$0.26 in 1Q 2020) First quarter 2021 results: Net income: US$8.03m (up US$7.60m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Apr 30
Rand Capital Announces Second Quarter Dividend, Payable on or About June 16, 2021 Rand Capital Corporation announced that its Board of Directors declared its regular quarterly cash dividend of $0.10 per share. The cash dividend will be paid on or about June 16, 2021 to shareholders of record as of June 2, 2021. Aankondiging • Mar 10
Rand Capital Corporation, Annual General Meeting, Apr 22, 2021 Rand Capital Corporation, Annual General Meeting, Apr 22, 2021, at 10:30 US Eastern Standard Time. Agenda: To consider to elect five directors to hold office until the next annual meeting of shareholders and until their successors have been elected and qualified; to ratify the selection of Freed Maxick CPAs, P.C. as independent registered public accounting firm for the year ending December 31, 2021; and to consider and act upon such other business as may properly come before the meeting. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS US$0.33 (vs US$2.74 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$3.10m (up 14% from FY 2019). Net income: US$743.8k (up US$3.03m from FY 2019). Profit margin: 24% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Feb 23
Rand Capital Corporation to Report Q4, 2020 Results on Mar 08, 2021 Rand Capital Corporation announced that they will report Q4, 2020 results Pre-Market on Mar 08, 2021 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorated over the past week After last week's 24% share price decline to US$16.19, the stock is trading at a trailing P/E ratio of 12x, down from the previous P/E ratio of 15.8x. This compares to an average P/E of 26x in the Capital Markets industry in the US. Total returns to shareholders over the past three years are 42%. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 19% share price gain to US$14.88, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.3x. This compares to an average P/E of 25x in the Capital Markets industry in the US. Total returns to shareholders over the past three years are 9.3%. Is New 90 Day High Low • Dec 22
New 90-day high: US$12.98 The company is up 17% from its price of US$11.06 on 22 September 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 22% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS US$0.10 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$736.9k (up 69% from 3Q 2019). Net income: US$262.5k (up US$3.14m from 3Q 2019). Profit margin: 36% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 29
New 90-day high: US$12.58 The company is up 19% from its price of US$10.53 on 31 July 2020. The American market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 2.0% over the same period. Aankondiging • Jul 24
Rand Capital Corporation to Report Q2, 2020 Results on Aug 07, 2020 Rand Capital Corporation announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 07, 2020