MVC Capital Declares Quarterly Dividend
October 14 2016 - 5:55AM
MVC Capital, Inc. (NYSE:MVC), a publicly traded business
development company that makes private debt and equity investments,
announced today that its board of directors has declared a regular
dividend of $0.135 per share. The dividend is payable on
October 31, 2016 to shareholders of record on October 24,
2016. The distribution represents the forty-sixth consecutive
quarterly dividend paid by the Company since implementing a
dividend policy in July of 2005. The cumulative dividends issued
under current management total approximately $6.13 per share to the
Fund's shareholders.
MVC-G
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 Jackie Rothchild at
914-510-9400 or Jeffrey Goldberger at 212-896-1249. All
media inquiries should be directed to Patrick Scanlan at
212-687-8080.
Forward-Looking Statements
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, including: MVC Capital's ability
to execute its yield investment strategy; the performance
of MVC Capital's investments; and changes in economic or
financial market conditions and other factors that are enumerated
in the company's periodic filings with the Securities and
Exchange Commission. MVC Capital disclaims and does not
undertake any obligation to update or revise any forward-looking
statement in this press release.
The amount and specific timing of any future dividends is
subject to the final determination of the Board of Directors and
depends upon the actual results of the Company and applicable
provisions of law. At this time, the Fund is unable to make a
conclusive determination as to the characteristics of the
distributions discussed herein. All or a portion of the
distribution may be characterized as ordinary income, capital
gains, or a return of capital. In January, a Form 1099 DIV
will be sent to shareholders that will state the aggregate amount
and actual tax characterization of distributions for the preceding
year. There can be no assurance that future MVC dividend payments
will match or exceed historic ones, or that they will be made at
all.
Contact:
Investor Relations
Jackie Rothchild
MVC Capital, Inc.
914-510-9400
or
Jeffrey Goldberger / Allison Soss
KCSA Strategic Communications
212-896-1249 / 212-896-1267
Media Inquiries
Patrick Scanlan
Sard Verbinnen & Co.
212-687-8080
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