Bando McGlocklin Capital Corporation Declares Dividend.PEWAUKEE, Wis.--(BUSINESS WIRE)--April 27, 1998--Directors of Bando McGlocklin Capital Corporation (NASDAQ/NMS:BMCC BMCC bulk milk cell counts. ) have declared a regular quarterly dividend of $0.18 per share of common stock, payable May 15, 1998, to shareholders of record May 5, 1998. Founded in 1980, Bando McGlocklin Capital Corporation (BMCC) owns 100% of Bando McGlocklin Small Business Lending Corporation (BMSBLC) and 99% Bando McGlocklin Investment Corporation (BMIC BMIC British Music Information Centre BMIC Bangalore-Mysore Infrastructure Corridor (expressway between Bangalore and Mysore, Karnataka, India) BMIC Busmaster Interface Controller BMIC Bus Master Interface Chip ). BMSBLC leases "owner occupied "Owner occupied" may also refer to a housing cooperative Owner occupied is a classification of UK housing tenure as described by the Department for Communities and Local Government, a UK government department that has amongst its remit the monitoring of the UK housing stock. " type real estate to small business and purchases loan participations from commercial banks that specialize in financing small business. As a real estate investment trust, BMSBLC distributes at least 95% of its taxable income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable income is the accrual of some gain, profit, or benefit to a taxpayer. to shareholders of BMCC as dividends. BMIC owns 51% of two operating subsidiaries: Lee Middleton Original Dolls, Inc. of Belpre, Ohio, and License Products, Inc. of New Berlin, Wisconsin New Berlin is a city in Waukesha County, Wisconsin, United States. The population was 38,220 at the 2000 census. The city was named for New Berlin, New York. There being five other New Berlin's in the United States, New Berlin, Wisconsin is the largest New Berlin in population, . These subsidiaries manufacture collectible and licensed consumer products for distribution through major retailers as well as 1,400 dealers across the country. Bando McGlocklin Capital Corp. news releases are available on-line 24 hours a day at: http://www.businesswire.com/cnn/bmcc.htm CONTACT: Bando McGlocklin Capital Corp. George R. Schonath, 414/523-4300 |
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