Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Full Circle Capital Corp | v417268_8-k.htm |
Exhibit 99.1
Full Circle Capital Declares Monthly Distributions of $0.035 Per Share
for a Total of $0.105 Per Share for Second Quarter Fiscal 2016
GREENWICH, CT, August 5, 2015 – Full Circle Capital Corporation (NASDAQ:FULL) (“Full Circle Capital”) today announced its monthly distributions through the end of calendar 2015.
On August 4, 2015, the Board of Directors declared monthly distributions for the second quarter of fiscal 2016 as follows:
| Record Date | Payment Date | Per Share Amount |
| October 30, 2015 | November 13, 2015 | $0.035 |
| November 30, 2015 | December 15, 2015 | $0.035 |
| December 31, 2015 | January 15, 2016 | $0.035 |
These distributions equate to a $0.42 annualized distribution rate, or an annualized yield of 12.7% based on the closing price of the Company’s common stock of $3.31 per share on August 4, 2015.
About Full Circle Capital
Full Circle Capital Corporation (NASDAQ: FULL) is a Greenwich, Connecticut based closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. Full Circle Capital lends to and invests in senior secured loans and, to a lesser extent, mezzanine loans and equity securities issued by smaller and lower middle-market companies that operate in a diverse range of industries. Full Circle Capital’s investment objective is to generate both current income and capital appreciation through debt and equity investments. For additional information visit the company’s website, www.fccapital.com.
Forward-Looking Statements
This press release contains forward-looking statements which relate to future events or Full Circle Capital's future performance or financial condition. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Full Circle Capital's filings with the Securities and Exchange Commission. Full Circle Capital undertakes no duty to update any forward-looking statements made herein.
Company Contacts:
Gregg J. Felton, President and Chief Executive Officer
John Stuart, Chairman
Full Circle Capital Corporation
203-900-2100
info@fccapital.com
Investor Relations Contacts:
Garrett Edson/Brad Cohen
ICR, LLC
(203) 682-8200
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