NGP Capital Resources Co. (ohai) to Issue Quarterly Dividend of $0.06
NGP Capital Resources Co. (NASDAQ:ohai) announced a quarterly dividend on Friday, September 16th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.06 per share on Friday, October 7th. This represents a $0.24 dividend on an annualized basis and a yield of 8.19%. The ex-dividend date is Wednesday, September 28th.
Shares of NGP Capital Resources (NASDAQ:OHAI) traded up 7.51% during midday trading on Friday, reaching $3.15. 17,948 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $2.61 and a 200-day moving average of $2.67. NGP Capital Resources has a one year low of $1.85 and a one year high of $4.87.
NGP Capital Resources Company Profile
OHA Investment Corporation is a specialty finance company. The Company focuses primarily on providing direct lending solutions to middle market private companies across industry sectors. The Company’s investment portfolio includes debt securities and other investments in upstream exploration and production companies engaged in the acquisition, development and production of oil and natural gas properties in and along the Gulf Coast, in the state and federal waters of the Gulf of Mexico, and in the Permian Basin, Mid-Continent and Rocky Mountain areas.
Receive News & Ratings for NGP Capital Resources Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NGP Capital Resources Co. and related companies with MarketBeat.com's FREE daily email newsletter.