Equus Total Return, Inc. Announces First Quarter Dividend
28 Februar 2009 - 12:15AM
PR Newswire (US)
HOUSTON, Feb. 27 /PRNewswire-FirstCall/ -- Equus Total Return, Inc.
(NYSE: EQS) (the "Fund"), in accordance with the Fund's managed
distribution policy, announced a dividend of $0.1075 per share for
the first quarter of 2009. The Fund seeks to pay quarterly
dividends at an annualized rate of 10% of the Fund's market value
of $4.30 at December 31, 2008. For this quarter, the dividend will
be payable on March 30, 2009, to shareholders of record as of the
close of business on March 9, 2009. Equus shares will trade
ex-dividend beginning Thursday, March 5, 2009. The dividend will be
payable in shares of common stock. Stock issued in the dividend
will be valued at the average closing market price of EQS for the
ten trading days ending March 23, 2009. Cash will be paid in lieu
of issuing any fractional shares. Equus Total Return, Inc. is a
business development company that trades as a closed-end fund on
the New York Stock Exchange, under the symbol "EQS". Additional
information on Equus Total Return, Inc. may be obtained from the
Equus website at http://www.equuscap.com/. This press release may
contain certain forward-looking statements regarding future
circumstances. These forward-looking statements are based upon the
Fund's current expectations and assumptions and are subject to
various risks and uncertainties that could cause actual results to
differ materially from those contemplated in such forward-looking
statements including, in particular, the risks and uncertainties
described in the Fund's filings with the Securities and Exchange
Commission. Actual results, events, and performance may differ.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as to the date hereof.
The Fund undertakes no obligation to release publicly any revisions
to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. The inclusion of any statement
in this release does not constitute an admission by the Fund or any
other person that the events or circumstances described in such
statements are material. CONTACT: Brett Chiles (713) 529-0900
DATASOURCE: Equus Total Return, Inc. CONTACT: Brett Chiles of Equus
Total Return, Inc., +1-713-529-0900 Web Site:
http://www.equuscap.com/
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