NGP Capital (NGPC) Increases Quarterly Dividend 6% to $0.18; Yields 7.9%

NGP Capital Resources Company (NGPC) today announced that its Board of Directors has declared a quarterly dividend to stockholders in the amount of $0.18 per common share, $0.72 annualized. The dividend is a 6% increase from the current rate of $0.17.
The expected dividend payment date is January 7, 2011 to stockholders of record on December 31, 2010. The ex-dividend date is December 29, 2010. Yield on the dividend is 7.9%.... Read more