RAND Overview

Dividend Declaration: Rand Capital Corporation announced a quarterly cash dividend of $0.29 per share, set to be distributed on September 12, 2025, to shareholders recorded by August 29, 2025.

Investment Focus: The company aims to maximize returns through investments in lower middle market companies with sustainable products and experienced management, primarily targeting businesses with revenues over $10 million and EBITDA exceeding $1.5 million.

Upcoming Financial Results Announcement: Rand Capital Corporation plans to release its second quarter 2025 financial results on August 4, 2025, before market opening and will host a conference call at 1:30 p.m. ET that day.

Company Overview: Rand Capital is a business development company focused on providing financing to lower middle market companies, aiming for total return through investments in businesses with proven products and significant revenue.

Bankruptcy Filing: CareerBuilder and Monster have filed for bankruptcy, planning to sell various business lines to different buyers.

Business Sales: The job board business will be sold to JobGet, while Monster's media properties and government services will be sold to Valnet and Valsoft, respectively.

Financial Performance Overview: Rand Capital Corporation reported a 3% decrease in total investment income to $2.0 million, while net investment income grew by 45% to $1.2 million, reflecting effective expense management and reduced debt levels.

Investment Activity and Dividends: The company ended the quarter with $4.9 million in cash and declared a quarterly dividend of $0.29 per share for the second quarter of 2025, despite a slowdown in new investment opportunities due to economic uncertainties.