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GSC Investment Corp. Declares $1.825 Dividend Per Share
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- GSC Investment Corp. (NYSE: GNV), a business development company, today announced that its Board of Directors has declared a dividend of $1.825 per share payable on December 31, 2009 to common shareholders of record on November 25, 2009. The dividend includes the balance of the Company's fiscal year 2009 taxable income and a significant portion of the Company's fiscal year 2010 taxable income.
Each shareholder may elect to receive up to $0.25 per share of the dividend in cash; the remaining $1.575 per share of the dividend will be paid in shares of the Company's common stock in accordance with IRS Revenue Procedure 2009-15, which allows a publicly-traded regulated investment company to distribute its own stock as a dividend for the purpose of fulfilling its distribution requirements in certain circumstances.
The Company will mail an election form to receive cash or common stock only to registered shareholders promptly after the November 25, 2009 record date. Registered shareholders are those shareholders who own their stock directly and not through a bank, broker or nominee. The completed election form must be received by GSC Investment Corp.'s transfer agent, American Stock Transfer, prior to 5:00 p.m. (EST) on December 17, 2009. Registered shareholders with questions regarding the dividend may call American Stock Transfer at 866-668-6563. Registered shareholders who do not make an election will be deemed to have elected to receive 100% of their dividend in stock.
GSC Investment Corp. Declares $1.825 Dividend Per Share
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- GSC Investment Corp. (NYSE: GNV), a business development company, today announced that its Board of Directors has declared a dividend of $1.825 per share payable on December 31, 2009 to common shareholders of record on November 25, 2009. The dividend includes the balance of the Company's fiscal year 2009 taxable income and a significant portion of the Company's fiscal year 2010 taxable income.
Each shareholder may elect to receive up to $0.25 per share of the dividend in cash; the remaining $1.575 per share of the dividend will be paid in shares of the Company's common stock in accordance with IRS Revenue Procedure 2009-15, which allows a publicly-traded regulated investment company to distribute its own stock as a dividend for the purpose of fulfilling its distribution requirements in certain circumstances.
The Company will mail an election form to receive cash or common stock only to registered shareholders promptly after the November 25, 2009 record date. Registered shareholders are those shareholders who own their stock directly and not through a bank, broker or nominee. The completed election form must be received by GSC Investment Corp.'s transfer agent, American Stock Transfer, prior to 5:00 p.m. (EST) on December 17, 2009. Registered shareholders with questions regarding the dividend may call American Stock Transfer at 866-668-6563. Registered shareholders who do not make an election will be deemed to have elected to receive 100% of their dividend in stock.
GSC Investment Corp. Declares $1.825 Dividend Per Share
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- GSC Investment Corp. (NYSE: GNV), a business development company, today announced that its Board of Directors has declared a dividend of $1.825 per share payable on December 31, 2009 to common shareholders of record on November 25, 2009. The dividend includes the balance of the Company's fiscal year 2009 taxable income and a significant portion of the Company's fiscal year 2010 taxable income.
Each shareholder may elect to receive up to $0.25 per share of the dividend in cash; the remaining $1.575 per share of the dividend will be paid in shares of the Company's common stock in accordance with IRS Revenue Procedure 2009-15, which allows a publicly-traded regulated investment company to distribute its own stock as a dividend for the purpose of fulfilling its distribution requirements in certain circumstances.
The Company will mail an election form to receive cash or common stock only to registered shareholders promptly after the November 25, 2009 record date. Registered shareholders are those shareholders who own their stock directly and not through a bank, broker or nominee. The completed election form must be received by GSC Investment Corp.'s transfer agent, American Stock Transfer, prior to 5:00 p.m. (EST) on December 17, 2009. Registered shareholders with questions regarding the dividend may call American Stock Transfer at 866-668-6563. Registered shareholders who do not make an election will be deemed to have elected to receive 100% of their dividend in stock.
GSC Investment Corp. Declares $1.825 Dividend Per Share
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- GSC Investment Corp. (NYSE: GNV), a business development company, today announced that its Board of Directors has declared a dividend of $1.825 per share payable on December 31, 2009 to common shareholders of record on November 25, 2009. The dividend includes the balance of the Company's fiscal year 2009 taxable income and a significant portion of the Company's fiscal year 2010 taxable income.
Each shareholder may elect to receive up to $0.25 per share of the dividend in cash; the remaining $1.575 per share of the dividend will be paid in shares of the Company's common stock in accordance with IRS Revenue Procedure 2009-15, which allows a publicly-traded regulated investment company to distribute its own stock as a dividend for the purpose of fulfilling its distribution requirements in certain circumstances.
The Company will mail an election form to receive cash or common stock only to registered shareholders promptly after the November 25, 2009 record date. Registered shareholders are those shareholders who own their stock directly and not through a bank, broker or nominee. The completed election form must be received by GSC Investment Corp.'s transfer agent, American Stock Transfer, prior to 5:00 p.m. (EST) on December 17, 2009. Registered shareholders with questions regarding the dividend may call American Stock Transfer at 866-668-6563. Registered shareholders who do not make an election will be deemed to have elected to receive 100% of their dividend in stock.
GSC Investment Corp. Declares $1.825 Dividend Per Share
NEW YORK, Nov. 13 /PRNewswire-FirstCall/ -- GSC Investment Corp. (NYSE: GNV), a business development company, today announced that its Board of Directors has declared a dividend of $1.825 per share payable on December 31, 2009 to common shareholders of record on November 25, 2009. The dividend includes the balance of the Company's fiscal year 2009 taxable income and a significant portion of the Company's fiscal year 2010 taxable income.
Each shareholder may elect to receive up to $0.25 per share of the dividend in cash; the remaining $1.575 per share of the dividend will be paid in shares of the Company's common stock in accordance with IRS Revenue Procedure 2009-15, which allows a publicly-traded regulated investment company to distribute its own stock as a dividend for the purpose of fulfilling its distribution requirements in certain circumstances.
The Company will mail an election form to receive cash or common stock only to registered shareholders promptly after the November 25, 2009 record date. Registered shareholders are those shareholders who own their stock directly and not through a bank, broker or nominee. The completed election form must be received by GSC Investment Corp.'s transfer agent, American Stock Transfer, prior to 5:00 p.m. (EST) on December 17, 2009. Registered shareholders with questions regarding the dividend may call American Stock Transfer at 866-668-6563. Registered shareholders who do not make an election will be deemed to have elected to receive 100% of their dividend in stock.
Maybe get a nice rebound tomorrow on CBBO , SNV and GNV . Gnv has a nice DIVI coming up
Bargain time here , get them while there cheap .GNV looking good
GNV on the move . Nice DIVI coming up
All over them Mr Flyer . GNV looking great .
Seems like a NO brainer on this Mr Flyer , big bucks coming down the pike on GNV . Great news on the DIVI
GNV looking good and nice DIVI
GNV looking good with the news
Will be all over this thanks Mr Flyer
How are you doing MR FAST FLYER
Let me know what you find am not very good at those things . He seemed like a nice fellow . I called and asked someone about it and they connected me right to him
Just got off the Phone with Rob preident of Seaboard he said look at AMIN there 10K and it will give you an idea of there worth
Would be nice to get in that .10 range
I would not want to be sitting on the side lines when more news comes out . Could be any time . imo
Need to get some buying going on here
NEWS OUT
Bese headed for the moon real soon . imo
Some real bargains here
These cheap shares are going to be looking real good later
Sounds great am loaded up and ready to go
Bese looking great
Will be here on Monday sweet thing
Showing the ask at .40 right now on etrade for HMDI
Anything more than what one has would be a blessing . imo
Look at the past reverse mergers above on top just to give a person an idea .
I had Friday off also . First time I had a day off during the week in months . Was suppose to be here I believe
Just happen to have that day off work . Hmdi pays off and maybe NO more days at work
Etrade showing the ask at .40 also on Hmdi . Is it Monday yet
HMDI ready to roll on Monday . imo
HMDI ,Would nice to get another PR on Monday then KABOOM . imo
Would nice to get another PR on Monday then KABOOM . imo
Could be the next HMDI . I think I will stock up
Drl looking ready to take off . imo
Drl starting to look pretty good . imo
Drl looking good today
Looks like DRL is heating up a bit . imo