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.