PHILADELPHIA, June 11, 2013 /PRNewswire/ -- The Thai Capital Fund, Inc. (NYSE MKT: TF) (the "Fund"), a closed-end management investment company, today announced a dividend to the Fund's shareholders of U.S. $0.668608 per share. This dividend will be paid in cash from ordinary income, short-term capital gain and long-term capital gain. The long-term capital gain portion of the distribution is $0.175129, the short-term capital gain portion of the distribution is $0.461354 per share and the ordinary income portion of the distribution is $0.032125 per share.
Shareholders who participate in the Fund's Dividend Reinvestment and Cash Purchase Plan will receive an equivalent dividend amount in shares of the Fund.
The dividend will be payable on July 12, 2013 to the shareholders of record at the close of business on June 28, 2013. The ex-dividend date will be June 26, 2013.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.
SOURCE The Thai Capital Fund, Inc.