Tortoise Capital Resources Corp. (TTO) Reports Q3 Earnings of $0.06, Hopes to Raise Dividend
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Tortoise Capital Resources Corp. (NYSE: TTO) reported Q3 EPS of $0.06, versus $1.16 reported last year.
On Sept. 1, 2011, the company paid a quarterly distribution of $0.10 per common share, the same amount as the prior quarter. The company expects its earned distributable cash flow to support a quarterly distribution of $0.10 per share ($0.40 annually), with upside potential depending on the performance of its private equity investments.
On Sept. 1, 2011, the company paid a quarterly distribution of $0.10 per common share, the same amount as the prior quarter. The company expects its earned distributable cash flow to support a quarterly distribution of $0.10 per share ($0.40 annually), with upside potential depending on the performance of its private equity investments.
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