Dividend Update on Crescent Capital: Key Insights Before the May 30, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Monday, May 26, 2025 7:17 pm ET1min read
Crescent Capital (CCAP) has announced its latest dividend details, with an ex-dividend date set for May 30, 2025. The announcement was made on Feb 19, 2025, and the dividend is scheduled to be paid on Jun 13, 2025. Shareholders will receive $0.050 per share. Comparing this to the average of the last ten dividends, which stands at $0.295, the current dividend is lower. The company's previous dividend was distributed on Apr 15, 2025, amounting to $0.420 per share. Both dividends fall under the category of cash dividends.

In recent developments, has been the subject of several significant news reports. Recently, a well-regarded firm reduced its stake in Crescent Capital, which could hint at shifting investor confidence. Over the past week, the company has been recognized as a leading dividend payer, boasting a dividend yield of 10.96%, placing it among the top 25% of dividend-paying stocks. However, despite this positive aspect, Crescent Capital faces challenges, including weakening fundamentals, rising non-accruals, and concerns about leverage, which have led analysts to maintain a cautious stance on the stock.

As of late, Crescent Capital BDC's stock has experienced some volatility. The company was downgraded to "Sell" by analysts, reflecting apprehensions about its market performance. On a more positive note, Crescent Capital BDC, Inc. recently received an average price target of $17.60 from analysts, suggesting potential for upward movement from its current 12-month low of $13.54. Analysts also noted that the company's market capitalization stands at approximately $570.38 million, with an enterprise value of $1.46 billion, underscoring its substantial presence in the market.

In conclusion, Crescent Capital is drawing attention for both its robust dividend yield and existing financial challenges. Investors should note that the ex-dividend date is May 30, 2025, marking the deadline for purchasing shares to qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for this dividend payout.

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