Houston, Dec. 6, 2013 (GLOBE NEWSWIRE) -- NGP Capital Resources Company (NASDAQ: NGPC) (the "Company")today announced that its Board of Directors has declared aquarterly dividend to stockholders in the amount of $0.16 percommon share, consistent with the previous five quarters. Theexpected dividend payment date is January 6, 2014 to stockholdersof record on December 27, 2013. Management expects that the dividend will be paid out ofordinary income for tax purposes. The Company determines thetax characteristics of its dividend distributions as of the end ofthe fiscal year, based on the taxable income for the full year anddistributions paid during the year. The tax characteristicsfor dividends paid in 2013 will be reported to each stockholder onForm 1099-DIV after the end of the year. All dividenddistributions in 2012 were paid from ordinary income. The Company has an "opt out" dividend reinvestment plan, or"DRIP," for its stockholders. Consequently, when the Companydeclares a cash dividend, stockholders who have not opted out ofthe DRIP automatically have their dividends reinvested in shares ofNGPC common stock, rather than receiving their dividends incash. A stockholder who has elected to receive dividends incash may re-enroll in the DRIP at any time by notifying the planadministrator. About NGP Capital Resources Company NGP Capital Resources Company is a closed-end, non-diversifiedmanagement investment company that has elected to be regulated as abusiness development company under the Investment Company Act of1940. We principally invest in private companies and fromtime to time, we may also invest in public companies. Weinvest primarily in senior secured and mezzanine loans according toour business plan and in some instances receive equity interests inportfolio companies in connection with such investments. Ourmanager is NGP Investment Advisor, LP, an affiliate of NGP EnergyCapital Management ("NGP ECM"). Founded in 1988, NGP ECM is apremier investment franchise in the natural resources industry,which together with its affiliates has managed approximately $13billion in cumulative committed capital since inception. NGP ECM'sinvestment platform includes Natural Gas Partners, NGP GlobalAdaptation Partners, NGP Capital Resources Company and NGP EnergyTechnology Partners, L.P. www.ngpenergycapital.com. Forward-Looking Statements This press release may contain forward-looking statements. We may use words such as "anticipates," "believes," "intends,""plans," "expects," "projects," "estimates," "will," "should,""may" and similar expressions to identify forward-lookingstatements. These forward-looking statements are subject tovarious risks and uncertainties. Certain factors could causeactual results and conditions to differ materially from thoseprojected, including the uncertainties associated with the timingof transaction closings, changes in interest rates, availability oftransactions, the future operating results of our portfoliocompanies, regulatory factors, changes in regional, national, orinternational economic conditions and their impact onthe industries in which we invest, other changes in the conditionsof the industries in which we invest and other factors enumeratedin our filings with the Securities and Exchange Commission (the"SEC").
You should not place undue reliance on such forward-lookingstatements, which speak only as of the date they are made. Weundertake no obligation to update our forward-looking statementsmade herein, unless required by law.Persons considering an investment in NGP Capital ResourcesCompany should consider the investment objectives, risks, andcharges and expenses of the Company carefully beforeinvesting. Such information and other information about us isavailable in our annual report on Form 10-K, in our quarterlyreports on Form 10-Q and in prospectuses we issue from time to timein connection with our offering of securities. Such materialsare filed with the SEC and copies are available on the SEC'swebsite, www.sec.gov, and in the Investor Relations section of ourwebsite at www.ngpcrc.com. Prospective investors should readsuch materials carefully before investing. INVESTMENT CONTACT: Please send investment proposals to: NGP Capital Resources Company 713-752-0062 Steve Gardner (firstname.lastname@example.org), Michael Brown (email@example.com), or Hans Hubbard (firstname.lastname@example.org).
CONTACT: L. Scott Biar (email@example.com), 713-752-0062.