Home
 
Stock Quotes
 
Press Releases
 
Rule 15c2-11 Information
 
Governance
 
     


PRESS RELEASES


March 5, 2001
News Release
For Immediate Release

AMEX: TUX
CUSIP 901144105



TUXIS CORPORATION DECLARES QUARTERLY DIVIDEND

NEW YORK -- A quarterly dividend distribution of $.33 per share for the quarter ending March 30, 2001 was declared today by Tuxis Corporation (AMEX: TUX), payable March 30, 2001 to shareholders of record March 16, 2001.

The $.33 per share quarterly dividend distribution reflects the Fund's managed 10% distribution policy. The policy is intended to provide shareholders with a relatively stable cash flow and reduce or eliminate any market price discount to the Fund's net asset value per share. Quarterly distributions of approximately 10% of the Fund's net asset value per share on an annual basis will be paid primarily from ordinary income and any net capital gains, with the balance representing return of capital. The amount of the distribution may vary depending on the net asset value per share at the time of declaration.

Particulars of the current declaration are as follows:

AMOUNT -- $ .33 per share

PERIOD -- Quarterly

DECLARED - 3/5/01

RECORD - 3/16/01

PAYABLE - 3/30/01

AMEX TICKER SYMBOL: TUX



 

MORE PRESS RELEASES

Press releases from August 31, 1998 to present

 


Principal Office:   3814 Route 44, Millbrook, NY 12545   |  Tel: (845) 677-2700   |  Fax: (845) 677-2800
Connecticut Office:   6 Heritage Park Road, Clinton, CT 06413   |  Tel: (860) 669-9302
Tuxis Self Storage,  where "Security is Our First Priority"

This web site, including the financial statements included herein, is provided to the shareholders of the Company for their information.
The financial information included herein is taken from the records of the Company.
This is not a prospectus, circular or representation intended for use in the purchase of shares of the Company or any securities mentioned in this web site.