Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - BlackRock Capital Investment Corp | d8k.htm |
Exhibit 99.1
|
| ||
| Investor Contact: | Press Contact: | |
| Frank Gordon | Brian Beades | |
| 212.810.5858 | 212.810.5596 |
BlackRock Kelso Capital Announces Cash Dividend of $0.32 per share
New York, March 1, 2011—BlackRock Kelso Capital Corporation (NASDAQ:BKCC) (“BlackRock Kelso Capital” or the “Company”) announced today that its Board of Directors has declared a first quarter dividend of $0.32 per share. The dividend will be payable on April 1, 2011 to stockholders of record at the close of business on March 18, 2011. The tax treatment of the dividend will be reported to stockholders on Form 1099, which will be sent to stockholders after the end of the year.
About BlackRock Kelso Capital Corporation
BlackRock Kelso Capital Corporation is a business development company that provides debt and equity capital to middle-market companies.
The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in middle-market companies in the form of senior and junior secured and unsecured debt securities and loans, each of which may include an equity component, and by making direct preferred, common and other equity investments in such companies.
Available Information
BlackRock Kelso Capital Corporation’s filings with the Securities and Exchange Commission, press releases, earnings releases and other financial information are available on its website at www.blackrockkelso.com.
# # #