The Thai Capital Fund, Inc. Announces Annual Distribution For 2012

Dec 21, 2012, 12:42 ET from The Thai Capital Fund, Inc.

PHILADELPHIA, Dec. 21, 2012 /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. $0.987071 per share. This dividend will be paid in cash from short-term and long-term capital gain.  The long-term capital gain portion of the distribution is $0.574945 per share and the short-term portion of the distribution is $0.412126 per share.

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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 January 11, 2013 to the shareholders of record at the close of business on December 31, 2012. The ex-dividend date will be December 27, 2012.

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.