Kohlberg Capital (KCAP) +6.7% after it increases its dividend by $0.06 to $0.24/share, with the...

|About: KCAP Financial (KCAP)|By:, SA News Editor

Kohlberg Capital (KCAP) +6.7% after it increases its dividend by $0.06 to $0.24/share, with the rise attributable "in large part" to the firm's acquisition of Trimaran Advisors in February. Kohlberg has adopted a "dividend reinvestment plan" in which it will reinvest the dividends in the company's shares on behalf of stockholders unless they elect to receive cash. (PR)