Printer Friendly
The Free Library
5,661,266 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Allied Capital Increases Dividend to $0.63 Per Share.


WASHINGTON -- Allied Capital Corporation (NYSE NYSE

See: New York Stock Exchange
: ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
) today announced that it has increased its regular quarterly dividend to $0.63 per share. This dividend represents the 174th consecutive quarterly dividend for Allied Capital shareholders since 1963. Allied Capital distributed a total of $2.47 per share in dividends to shareholders in 2006, including a $0.05 per share extra dividend.

The dividend is payable as follows:
                Record date:         March 16, 2007
                Payable date:        March 28, 2007


About Allied Capital

Allied Capital Corporation, a leading business development company with total assets of more than $4 billion, has paid regular, quarterly cash dividends to shareholders since 1963. Allied Capital invests in the American entrepreneurial economy by providing capital to companies seeking a long-term financial partner and access to managerial resources often unavailable to smaller companies. Since its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  in 1960, Allied Capital has provided long-term debt Long-Term Debt

Loans and financial obligations lasting over one year.

Notes:
For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt.
 and equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
 to thousands of middle market companies. In serving its shareholders, Allied Capital helps build middle market businesses and support American jobs. The Company's private finance portfolio includes investments in over 100 companies that generate aggregate revenues of more than $12 billion and employ more than 85,000 people.

Allied Capital provides flexible, competitive debt and equity capital for management and sponsor-led buyouts, recapitalizations, acquisitions and growth of middle market companies. Allied Capital's seamless, one-stop financing capabilities include first and second lien senior loans, unitranche debt, junior or mezzanine debt and equity.

Headquartered in Washington, DC, Allied Capital offers shareholders the opportunity to participate in the private equity industry through an investment in the Company's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Stock Exchange-listed stock, which is traded under the symbol ALD. For more information, please visit www.alliedcapital.com, call Allied Capital investor relations Investor relations

The process by which the corporation communicates with its investors.
 toll-free at (888) 818-5298, or e-mail us at ir@alliedcapital.com.

Forward-Looking Statements

The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated This term is often used in law as equivalent to mentioned specifically, designated, or expressly named or granted; as in speaking of enumerated governmental powers, items of property, or articles in a tariff schedule.  in Allied Capital's periodic filings with the Securities and Exchange Commission.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 6, 2007
Words:359
Previous Article:Zacks Buy List Highlights: WebEx Communications, Inc., Franklin Resources, Inc., CryoLife, Inc. and AGL Resources, Inc.
Next Article:ATG Reports Fourth Quarter and Full-Year 2006 Financial Results.(Financial report)
Topics:



Related Articles
Allied Capital Corp. II Announces Second Quarter Earnings.
Mack-Cali Realty increases dividend.(Brief Article)
Confidence grows as dividends soar.(Finance: real estate)(Home Properties' securities data )(Brief Article)
Allied Capital Declares Extra Cash Dividend of $0.03 Per Share.
Allied Capital Increases Dividend to $0.59 Per Share.
Allied Capital Increases Dividend to $0.61 Per Share; Earnings to be Released August 2nd, 2006; Conference Call Scheduled.
Allied Capital Increases Dividend to $0.62 Per Share; Earnings to be Released November 8th, 2006; Conference Call Scheduled.
Allied Capital Declares Extra Cash Dividend of $0.05 Per Share.
Allied Capital Increases Dividend to $0.64 Per Share; Earnings to Be Released May 8th, 2007; Conference Call Scheduled.
Allied Capital Announces First Quarter 2007 Financial Results; Quarterly Dividend of $0.64 Per Share Declared.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles