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Rand Capital Corporation has declared a total quarterly cash dividend of $0.85 per share, consisting of a $0.29 per share regular dividend and a $0.56 per share special dividend. This brings the total cash dividends declared in 2025 to $1.72 per share. The dividend will be distributed on or about December 30, 2025, to shareholders of record as of December 16, 2025.

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