Equus Total Return, Inc. Announces Second Quarter Dividend
May 10 2007 - 5:37PM
PR Newswire (US)
HOUSTON, May 10 /PRNewswire-FirstCall/ -- Equus Total Return, Inc.
(NYSE:EQS) ("Equus" or the "Fund"), in accordance with the Fund's
managed distribution policy, announced a dividend of $0.125 per
share for the second quarter of 2007. The dividend will be payable
on June 25, 2007, to shareholders of record as of the close of
business on May 21, 2007. Shares of EQS will trade ex-dividend
beginning May 17, 2007. The dividend will be payable in shares of
common stock or in cash by specific election. Such election must be
made by shareholders no later than June 18, 2007. If no election is
made, shareholders will receive stock. Stock issued in the dividend
will be valued at the average closing market price of EQS for the
ten trading days ending June 18, 2007. Cash will be paid in lieu of
issuing any fractional shares. Equus 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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