Harvest Capital Credit Corporation Announces Deferral of Monthly Dividend Record Dates and Payments
HARVEST CAPITAL CREDIT CORP (HCAP)
Last harvest capital credit corp earnings: 11/8 06:30 am
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US:NASDAQ Investor Relations:
harvestcapitalcredit.com/investors
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Harvest Capital Credit Corporation (the “Company,” “we,” or “our”) (NASDAQ: HCAP) today announced that, in light of the unprecedented circumstances and rapidly changing situation with respect to the coronavirus disease (COVID-19), as part of an overall plan to preserve liquidity, the Board of Directors has determined that it is appropriate for the Company to defer the record dates and payments of the Company’s March 2020 and April 2020 monthly dividends until such later time as the Board determines is prudent in light of the Company’s capital needs and contractual obligations, and in the best interests of the Company and its stockholders.Payments of such dividends, which were each announced on March 12, 2020, were scheduled for April 30, 2020 (the “March 2020 Dividend”) and May 28, 2020 (the “April 2020 Dividend”) to record holders as of April 23, 2020, and May 21, 2020, respectively. Management is taking all necessary and appropriate actions during this
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