MVC Capital Declares Second Quarter Dividend of $0.12 Per Share
PURCHASE, N.Y.--(BUSINESS WIRE)--
MVC Capital, Inc. (NYSE: MVC), a publicly traded business development
company that makes private debt and equity investments, has announced
that its board of directors has declared a dividend of $0.12 per share,
or a total of approximately $2.9 million, to be distributed to
shareholders for the second quarter of fiscal 2012. The dividend is
payable on April 30, 2012 to shareholders of record on April 23, 2012.
This distribution represents the twenty-eighth consecutive quarterly
dividend paid by the Fund since implementing a dividend policy in July
of 2005. The dividends issued under current management have resulted in
approximately $80 million in distributions to the Fund's shareholders.
The amount and specific timing of any future dividends paid pursuant to
the Fund's quarterly dividend policy will be determined by the board of
directors each quarter.
About MVC Capital, Inc.
MVC Capital is a Business Development Company traded on the New York
Stock Exchange that provides long-term debt and equity investment
capital to fund growth, acquisitions and recapitalizations of companies
in a variety of industries. For MVC's investor relations, please call
914-510-9400. All media inquiries should be directed to Nathaniel
Garnick at 212-687-8080.
The information contained in this press release contains
forward-looking statements. These forward-looking statements are subject
to the inherent uncertainties in predicting future results and
conditions. Certain factors could cause actual results and conditions to
differ materially from those projected in these forward-looking
statements, and these factors are enumerated in the company's periodic
filings with the Securities and Exchange Commission.
Source: MVC Capital, Inc.
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