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Portman Ridge Finance Corporation and Harvest Capital Credit Corporation Announce Election Deadline for HCAP Stockholders to Elect Form of Consideration


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NEW YORK, May 25, 2021 (GLOBE NEWSWIRE) Harvest Capital Credit Corporation (NASDAQ:HCAP) ( HCAP ) and Portman Ridge Finance Corporation (NASDAQ:PTMN) ( PTMN ) today announced that the deadline (the Election Deadline ) for HCAP s stockholders of record to elect to receive cash consideration in lieu of shares of PTMN common stock in connection with the pending merger of PTMN and HCAP (the Merger ) is 5:00 p.m., Eastern Time, on June 2, 2021.  The Election Deadline is based on PTMN s and HCAP s expectation that HCAP s special meeting of stockholders to approve matters relating to the Merger will be held as scheduled on June 7, 2021.
The terms of the proposed Merger are set forth in the Agreement and Plan of Merger (the Merger Agreement ), dated as of December 23, 2020, by and among PTMN, Rye Acquisition Sub Inc., a direct wholly-owned subsidiary of PTMN, HCAP, and Sierra Crest Investment Management LLC, the external investment adviser to PTMN ( Sierra Crest ....

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10 Best Dividend Stocks to Buy Under $10


10 Best Dividend Stocks to Buy Under $10
In this article we will take a look at the 10 best dividend stocks to buy under $10. You can skip our detailed analysis of these dividend stocks’ outlook for 2021 and the merits of dividend investing and go directly to the
Dividend investing is still one of the best ways to consistently benefit from the stock market. Many investors use dividends as a hedge against losses when stock prices plummet. A Raymond James report that tracked stocks data from the 1930s to the 2010s concluded that dividend stocks have better returns than non-dividend stocks, especially during turbulent times. Compounded dividend stocks accounted for about 50% of the returns in the period, according to the report. The report tracked roughly 1,000 stocks and observed that high-yield dividend stocks had better returns and a lower risk profile than low-yield stocks. An S&P Global report released in 2011 revealed that dividend revenue contributed roughly 6.12% o ....

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