Rand Capital Corporation (RAND) Dividend History

NASDAQ: RANDYield, payment dates, growth and payout ratio.

RAND latest dividend

$0.29last dividend per share
Ex-dividend dateAug 26Wednesday, 2026
Payment dateSep 9Wednesday, 2026

The next dividend has not been announced yet.

  • 2020paying since
  • Quarterly4 payments a year
  • −16.5%5-year growth a year
  • 12.15%forward yield

RAND dividend income calculator

Dividend income a year
$116
Each payment
$29
Value of the shares
$955
Dividend yield
12.15%

At the latest close; forward annual dividend $1.16 per share, before tax.

RAND dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

RAND dividend safety

Payout ratio (earnings)51.2%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)64.7%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)−16.5%
Shrinking · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

RAND yield on cost

Rand Capital Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$13.588.54%$1.7212.7%
3 years ago$13.038.90%$8.2563.3%
5 years ago$15.617.43%$9.9263.5%
10 years ago$30.693.78%$14.4747.1%
20 years ago$18.456.29%$14.4778.4%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

RAND dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 26 payments).

RAND dividends by year

Rand Capital Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.72−65.8%15.15%4
2024$5.03+278.2%26.13%4
2023$1.33+60.2%10.24%4
2022$0.83+88.6%6.23%4
2021$0.44—2.59%4
2020$4.25—24.13%2

RAND dividend history

26 payments
Rand Capital Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-262026-09-09$0.29—Quarterly
2026-05-272026-06-10$0.29—Quarterly
2026-03-112026-03-25$0.29−65.9%Quarterly
2025-12-162025-12-30$0.85+193.1%Quarterly
2025-08-292025-09-12$0.29—Quarterly
2025-05-302025-06-13$0.29—Quarterly
2025-03-142025-03-28$0.29−93.1%Quarterly
2024-12-162025-01-24$4.20+1,348.3%
2024-08-302024-09-13$0.29—Quarterly
2024-05-312024-06-14$0.29+16.0%Quarterly
2024-03-122024-03-29$0.25−60.3%Quarterly
2023-12-152023-12-29$0.63+152.0%Quarterly
2023-08-302023-09-14$0.25—Quarterly
2023-05-302023-06-14$0.25+25.0%Quarterly
2023-03-102023-03-27$0.2−47.4%Quarterly
2022-12-162022-12-30$0.38+153.3%Quarterly
Show all 26 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-08-312022-09-15$0.15—Quarterly
2022-05-312022-06-15$0.15—Quarterly
2022-03-112022-03-28$0.15+7.1%Quarterly
2021-12-172021-12-31$0.14+40.0%Quarterly
2021-09-012021-09-16$0.1—Quarterly
2021-06-012021-06-16$0.1—Quarterly
2021-03-122021-03-29$0.1−92.5%Quarterly
2020-12-302021-01-19$1.33−54.4%
2020-05-122020-05-11$2.92+133.3%
1994-06-141994-06-17$1.25—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

RAND stock split history

  • 1:9May 22, 2020
  • 5:4June 19, 1995
  • 5:4June 20, 1994
  • 5:4June 16, 1993
  • 5:4June 8, 1992
  • 4:1December 16, 1986

RAND dividend overview

Rand Capital pays an annual dividend of $1.16 per share, a yield of 12.15% at the latest close, paid quarterly. It paid $1.72 per share in 2025, down 65.8% from 2024. Over five years the dividend grew −16.5% a year on average. The payout ratio is 51.2% of trailing earnings.

Related: RAND cash flow statement, RAND key metrics, RAND chart. See the RAND stock overview for the latest quote and news.

RAND dividends FAQ

Does Rand Capital pay a dividend?

Yes. Rand Capital has paid a regular dividend since 2020, quarterly, most recently $0.29 per share with an ex-dividend date of August 26, 2026. It also paid dividends from 1994 to 1994.

What is Rand Capital's dividend yield?

Rand Capital's forward annual dividend is $1.16 per share, a dividend yield of 12.15% at the latest close of $9.55.

How often does Rand Capital pay dividends?

Rand Capital pays dividends quarterly.

How fast is Rand Capital's dividend growing?

Rand Capital's dividend per share grew from $4.25 in 2020 to $1.72 in 2025, −16.5% a year on average over five years.

What is Rand Capital's dividend payout ratio?

Rand Capital pays out 51.2% of its trailing earnings as dividends and 64.7% of its free cash flow (fiscal 2025).

Has Rand Capital split its stock?

Rand Capital has split its stock 6 times: 1:9 on May 22, 2020, 5:4 on June 19, 1995, 5:4 on June 20, 1994, 5:4 on June 16, 1993, 5:4 on June 8, 1992, 4:1 on December 16, 1986. Dividends per share on this page are adjusted for splits.

Asset Management: dividends