NGP Capital Resources (NGPC) Declares $0.16 Quarterly Dividend; 9.7% Yield

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Go back to NGP Capital Resources (NGPC) Declares $0.16 Quarterly Dividend; 9.7% Yield

NGP Capital Resources Company Announces Quarterly Dividend of $0.16 per Share and Update on Portfolio Activity

September 16, 2014 9:01 AM EDT

Houston, Sept. 16, 2014 (GLOBE NEWSWIRE) -- NGP Capital Resources Company (NASDAQ: NGPC) (the "Company") today announced that its Board of Directors has declared a quarterly dividend to stockholders in the amount of $0.16 per common share, consistent with the previous eight quarters.  The expected dividend payment date is October 7, 2014 to stockholders of record on September 30, 2014. 

The Company determines the tax characteristics of its dividend distributions as of the end of the fiscal year, based on the taxable income for the full year and distributions paid during the year.  Taxable income available for distribution differs... More