Allied Capital Lending Corp. declares extra distribution of $0.0775 per share.WASHINGTON--(BUSINESS WIRE)--Dec. 15, 1995--The board of directors of Allied Capital Lending Capital lending is the process of a large company, or corporation, offering financing on large "ticket" items to encourage the customer to purchase that item. Many major corporations have set up finance divisions, or subsidiaries, to help the customer purchase their product over Corp. (ALCL ALCL Anaplastic Large Cell Lymphoma ALCL Assembly Line Communications Link ) Friday Friday: see Sabbath; week. Friday young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe] See : Servant declared an extra distribution in the amount of $0.0775 per share. Including this extra distribution, Allied Capital Lending Corp. will distribute a total of $1.22 per share to shareholders for 1995, a 13% increase over 1994 total distributions of $1.08 per share. The distribution is payable as follows: -0-
Amount: $0.0775 per share
Ex-Dividend Date: Dec. 26, 1995
Record Date: Dec. 28, 1995
Payment Date: Jan. 31, 1996-0-
Shareholders should note that this extra distribution is taxable for 1995, although it will be paid in January January: see month. 1996. Allied Capital Lending Corp. is a publicly traded business development company, headquartered in Washington, D.C. and traded on Nasdaq National Market, symbol ALCL. The company is engaged in making loans of up to $2 million to small, private businesses primarily through Small Business Administration (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 ) loan programs. A recent quote of the stock was $12 +. There are 4,380,999 total shares outstanding. Allied Capital Lending Corp. pays a regular quarterly cash dividend of $0.30 per share and an annual extra cash dividend which is determined at year end. For 1995, the company will pay a total of $1.22 per share including an extra cash dividend of $0.0775 per share. For 1994, the company paid a total of $1.08 per share. For additional information or for a copy of the company's annual report, please contact Allied Capital's Investor Relations Investor relations The process by which the corporation communicates with its investors. Department at 202/973-6334 or fax to 202/659-2053. CONTACT: Allied Capital, Washington Suzanne Sparrow, 202/973-6326 |
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