Sutter Rock Capital Corp. Provides Additional Clarity on Dividend Distribution
Given ongoing M&A activity in Sutter Rock’s investment portfolio and the potential outcome of the Company’s outstanding modified “Dutch Auction” tender offer (the “Tender Offer”), the Company is providing an updated range for the additional dividend. Sutter Rock estimates the additional dividend to range between
Certain Information Regarding the Dividend
The date of declaration and amount of the additional dividend are subject to the sole discretion of the Company’s Board of Directors.
The aggregate amount of the dividends declared and paid by Sutter Rock will be fully taxable to stockholders. The tax character of Sutter Rock’s dividends cannot be finally determined until the close of the Company’s taxable year (December 31). Sutter Rock will report the actual tax characteristics of each year’s dividends annually to stockholders and the
Registered stockholders with questions regarding declared dividends may call
Certain Information Regarding the Tender Offer
The size of the additional dividend is dependent upon the results of Sutter Rock’s outstanding
About Sutter Rock Capital Corp.
Statements included herein, including statements regarding Sutter Rock's beliefs, expectations, intentions or strategies for the future, may constitute "forward-looking statements". Sutter Rock cautions you that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected or implied in these statements. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Risk factors, cautionary statements and other conditions which could cause Sutter Rock's actual results to differ from management's current expectations are contained in Sutter Rock's filings with the
Source: Sutter Rock Capital Corp.