PRESS RELEASES
September 7, 1999
News Release
For Immediate Release
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AMEX: TUX
CUSIP 901144105
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TUXIS CORPORATION (AMEX: TUX) DECLARES QUARTERLY DIVIDEND DISTRIBUTION OF $.40 PER SHARE.
NEW YORK -- A quarterly dividend distribution of $.40 per share for the quarter ending September 30, 1999 was declared today by Tuxis Corporation, payable September 30, 1999 to shareholders of record September 17, 1999.
The $.40 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 -- $ .40 per share
PERIOD -- Quarterly
DECLARED - 9/7/99
RECORD - 9/17/99
PAYABLE -- 9/30/99
AMEX TICKER SYMBOL: TUX
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MORE PRESS RELEASES
Press releases from August 31, 1998 to present
- May 20, 2005 Tuxis Corporation Announces Property Lease
- March 11, 2005 Tuxis Corporation Announces Real Estate Acquisition
- June 02, 2004 Tuxis Corporation Omits Quarterly Dividend, Reports May 31, 2004 Net Asset Value
- May 10, 2004 Tuxis Corporation Announces Real Estate Acquisition
- March 1, 2004 Tuxis Corporation Declares Quarterly Dividend
- March 1, 2004 Tuxis Corporation Announces Changes To Net Asset Valuation Calculation
- February 25, 2004 Tuxis Corporation Announces Appointment
- February 4, 2004 Tuxis Corporation Announces Real Estate Acquisition
- December 3, 2003 Tuxis Corporation Declares Quarterly Dividend
- September 5, 2003 Tuxis Corporation Declares Quarterly Dividend
- June 2, 2003 Tuxis Corporation Declares Quarterly Dividend
- March 3, 2003 Tuxis Corporation Declares Quarterly Dividend
- December 4, 2002 Tuxis Corporation Declares Quarterly Dividend
- September 5, 2002 Tuxis Corporation Declares Quarterly Dividend
- June 4, 2002 Dividend Declaration
- March 4, 2002 Dividend Declaration
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- December 20, 2001 Tuxis Corporation Adopts New Investment Policy
- December 3, 2001 Dividend Declaration
- November 7, 2001 Tuxis Corporation Announces Change to an Operating Company
- September 13, 2001 Dividend Declaration
- July 24, 2001 Tuxis Corporation Adopts New Long Term Investment Policy
- June 5, 2001 Dividend Declaration
- March 5, 2001 Dividend Declaration
- December 6, 2000 Dividend Declaration
- September 6, 2000 Dividend Declaration
- June 2, 2000 Dividend Declaration
- March 3, 2000 Dividend Declaration
- December 8, 1999 Dividend Declaration
- November 22, 1999: Announcement - Fund to Use Futures and Options
- September 7, 1999 Dividend Declaration
- June 2, 1999 Dividend Declaration
- March 3, 1999 Dividend Declaration
- August 31, 1998: Announcement - Shareholders Approve Name Change
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