PTMN - Dividend announcements

NEW YORK, March 11, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2020. Recent Developments As previously announced, the Company successfully closed on the merger of Garrison Capital Inc. (“GARS” or “Garrison”) on October 28, 2020. On December 23, 2020, the Company entered into an Agreement and Plan of Merger (the “HCAP Merger Agreement”) with Harvest Capital Credit Corporation, a publicly traded business development company (“HCAP”).On February 12, 2021, the Board of Directors of the Company approved a cash distribution of $0.06 per

NEW YORK, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”), a business development company, today announced that its Board of Directors approved a cash distribution of $0.06 per share of common stock. The distribution is payable on March 2, 2021, to shareholders of record at the close of business on February 22, 2021. Portman Ridge maintains a Dividend Reinvestment Plan (“DRIP”) that provides for reinvestment of distributions on behalf of the Company’s stockholders, unless a stockholder elects to receive cash. Accordingly, if Portman Ridge declares a cash distribution, stockholders who have not “opted out” of the DRIP wi