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BRIEF-MVC Capital board details plan to increase shareholder distributions
October 10, 2017 / 11:00 AM / 7 days ago

BRIEF-MVC Capital board details plan to increase shareholder distributions

Oct 10 (Reuters) - MVC CapitalInc

* MVC Capital board of directors details plan to increase shareholder distributions

* MVC Capital Inc - ‍board has approved an 11% increase in company’s quarterly dividend​

* MVC Capital Inc - ‍beginning this month with Q4 dividend, MVC will increase its quarterly dividend to $0.15 per share from $0.135 per share​

* MVC Capital Inc - ‍MVC is actively exploring opportunities to repurchase common shares​

* MVC Capital Inc - co’s strategy to increase shareholder distributions will further reduce discount of company’s share price to net asset value (NAV)​ Source text for Eikon: Further company coverage:

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