RYE BROOK, N.Y., June 29, 2011 /PRNewswire/ -- The Board of
Directors of Full Circle Capital Corporation (Nasdaq: FULL) (the
"Company") declared on June 28, 2011
monthly distributions of $0.075 per
share for each of July, August and September
2011. These monthly distributions, which will be payable
pursuant to the table below, equate to a total of $0.225 per share for the first quarter of fiscal
2012 ending September 30, 2011. The
annualized distribution of $0.90 per
share equates to a current yield of 11.7%, based on the closing
price of the Company's common stock of $7.70 per share on June
28, 2011.
Summary of
First Quarter 2012 Monthly Distributions
|
|
|
Declared
|
Record Date
|
Payment Date
|
Amount Per
Share
|
|
|
6/28/11
|
7/29/11
|
8/15/11
|
$0.075
|
|
|
6/28/11
|
8/31/11
|
9/15/11
|
$0.075
|
|
|
6/28/11
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9/30/11
|
10/14/11
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$0.075
|
|
|
Total for First Quarter
2012:
|
$0.225
|
|
|
|
|
|
|
|
|
About Full Circle: Full Circle Capital Corporation ("Full
Circle Capital") is a Rye Brook, New
York based closed-end investment company that has elected to
be treated as a business development company under the Investment
Company Act of 1940 (NASDAQ: FULL). Full Circle Capital lends to
and invests in senior secured loans and, to a lesser extent,
mezzanine loans and equity securities issued by smaller and lower
middle-market companies that operate in a diverse range of
industries. Full Circle Capital's investment objective is to
generate both current income and capital appreciation through debt
and equity investments. For additional information visit the
company's web site at www.fccapital.com.
Forward-Looking Statements
This press release contains forward-looking statements which
relate to future events or Full Circle Capital's future performance
or financial condition. Any statements that are not statements of
historical fact (including statements containing the words
"believes," "plans," "anticipates," "expects," "estimates" and
similar expressions) should also be considered to be
forward-looking statements. These forward-looking statements are
not guarantees of future performance, condition or results and
involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as a
result of a number of factors, including those described from time
to time in Full Circle Capital's filings with the Securities and
Exchange Commission. Full Circle Capital undertakes no duty to
update any forward-looking statements made herein.
Company Contact:
|
Investor Relations
Contacts:
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John E. Stuart, CEO
|
Stephanie Prince/Jody
Burfening
|
|
Full Circle Capital
Corporation
|
Lippert/Heilshorn &
Associates
|
|
914-220-6300
|
212-838-3777
|
|
Jstuart@fccapital.com
|
sprince@lhai.com
|
|
|
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SOURCE Full Circle Capital Corporation