Equus Total Return, Inc. Announces Third Quarter Dividend
August 10 2007 - 6:21PM
PR Newswire (US)
HOUSTON, Aug. 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 third quarter of 2007. The dividend will be payable
on September 24, 2007, to shareholders of record as of the close of
business on August 21, 2007. Equus shares will trade ex-dividend
beginning August 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 September 17, 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 September 17, 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 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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