Ameritrans Capital Corporation Declares Dividend on 9 3/8% Cumulative Preferred Stock
February 25 2010 - 3:38PM
Business Wire
On February 25, 2010, the Board of Directors of Ameritrans
Capital Corporation (NASDAQ: AMTC, AMTCP) declared a dividend of
$0.84375 per share on its 9 3/8% Cumulative Participating
Redeemable Preferred Stock (“Preferred Stock”) for the three
quarterly periods commencing April 1, 2009 and ending December 31,
2009. The dividend is payable to holders of Preferred Stock of
record as of March 8, 2010 and will be paid as soon as practicable
thereafter.
About Ameritrans
Ameritrans Capital Corporation is an internally managed,
closed-end investment company that has elected to be regulated as a
business development company (BDC) under the Investment Company Act
of 1940, as amended. Ameritrans originates, structures and manages
a portfolio of secured business loans and selected equity
securities. Ameritrans' wholly owned subsidiary Elk Associates
Funding Corporation was licensed by the United States Small
Business Administration as a Small Business Investment Company
(SBIC) in 1980.
This announcement contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from those
presently anticipated or projected. Ameritrans Capital Corporation
cautions investors not to place undue reliance on forward-looking
statements, which speak only as to management's expectations on
this date.
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