Allied Capital Corp. Declares $0.35 Per Share Dividend.WASHINGTON--(BUSINESS WIRE)--May 15, 1998-- Results of Annual Meeting Announced Allied Capital Corp. (ALLC ALLC Association for Literary and Linguistic Computing ALLC Allied Capital Corporation (stock symbol) ALLC Army Logistics Leadership Center (Red River Defense Complex, Texarkana, TX) ) declared the company's second quarter dividend in the amount of $0.35 per share. The company plans to pay four quarterly dividends, combined with an annual extra dividend. The quarterly dividend is payable as follows: -0- Amount: $0.35 per share Record Date: June 10, 1998 Payment Date: June 30, 1998 -0- The company held its annual meeting of shareholders on May 14, 1998 in Washington. As proposed in the company's proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. , shareholders elected 12 directors to a classified board in three classes, and ratified the selection of Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing LLP LLP - Lower Layer Protocol to serve as the company's independent public accountants for the year ending Dec. 31, 1998. Allied Capital Corp. is a commercial finance company principally engaged in lending to and investing in private small and medium-sized businesses. For 40 years, the company has been dedicated to financing growing businesses nationwide. The company provides loans and investments ranging in size from $250,000 to $25 million in three areas: mezzanine finance, commercial real estate finance, and SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government 7(a) lending. The company has offices in Washington D.C, Chicago, San Francisco, and Frankfurt, Germany. Please contact Suzanne Sparrow, director of Investor Relations Investor relations The process by which the corporation communicates with its investors. , at 888/818-5298 or 202/973-6326 for more information. CONTACT: Allied Capital, Washington Suzanne Sparrow, 202/973-6326 |
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