Equus Total Return, Inc. Announces Second Quarter Dividend
May 09 2008 - 4:10PM
PR Newswire (US)
HOUSTON, May 9 /PRNewswire-FirstCall/ -- Equus Total Return, Inc.
(NYSE:EQS) (the "Fund"), in accordance with the Fund's managed
distribution policy, announced a dividend of $0.158 per share for
the second quarter of 2008. The dividend will be payable on June
30, 2008, to shareholders of record as of the close of business on
May 27, 2008. Equus shares will trade ex-dividend beginning
Thursday, May 22, 2008. 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 23, 2008. 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 23, 2008. 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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