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Franklin BSP Capital Corporation Announces Second Quarter 2025 Regular and Special Common Stock Distribution of $0.33 Per Share
Franklin BSP Capital Corporation Announces Second Quarter 2025 Regular and Special Common Stock Distribution of $0.33 Per Share

Yahoo

time19-05-2025

  • Business
  • Yahoo

Franklin BSP Capital Corporation Announces Second Quarter 2025 Regular and Special Common Stock Distribution of $0.33 Per Share

NEW YORK, May 19, 2025--(BUSINESS WIRE)--Franklin BSP Capital Corporation, Inc. ("FBCC" or the "Company") announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per common share and a special cash distribution of $0.04 per common share, totaling together $0.33 per common share. The distribution is payable on or about May 14, 2025, to common stockholders of record as of May 6, 2025. The Board of Directors also declared a second quarter 2025 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount. About Franklin BSP Capital Corporation FBCC is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Its investment objective is to generate both current income and to a lesser extent long-term capital appreciation through debt and equity investments. FBCC is managed by Franklin BSP Capital Adviser L.L.C. (the "Adviser"), an affiliate of Benefit Street Partners L.L.C. ("BSP"), a wholly owned subsidiary of Franklin Resources, Inc. The Adviser oversees the management of FBCC's activities and is responsible for making investment decisions with respect to FBCC's portfolio. BSP is a leading credit-focused alternative asset management firm with approximately $76 billion in assets under management as of February 28, 2025. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Statements included herein may constitute "forward-looking statements," which relate to future events or the Company's future performance or financial condition. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about the Company, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as "anticipate," "believe," "expect," "seek," "plan," "should," "estimate," "project" and "intend" indicate forward-looking statements, although not all forward-looking statements include these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in the Company's filings with the SEC. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which the Company makes them. FBCC has based the forward-looking statements included in this press release on information available to them on the date of this press release, and they assume no obligation to update any such forward-looking statements. Although FBCC undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that they may make directly to you or through reports that FBCC in the future may file with the Securities and Exchange Commission. View source version on Contacts Investor Relations Contact:Amy 617-433-2543 For media inquiries:Adrienne (718) 360-7933

Zocks Teams Up with Ameritas Investment Company, LLC and Ameritas Advisory Services, LLC to Power Advisor Efficiency and Deliver Greater Client Value
Zocks Teams Up with Ameritas Investment Company, LLC and Ameritas Advisory Services, LLC to Power Advisor Efficiency and Deliver Greater Client Value

Business Wire

time14-05-2025

  • Business
  • Business Wire

Zocks Teams Up with Ameritas Investment Company, LLC and Ameritas Advisory Services, LLC to Power Advisor Efficiency and Deliver Greater Client Value

SAN FRANCISCO--(BUSINESS WIRE)--Zocks, an innovative, privacy-first AI platform that turns client conversations into actionable data and insights, today announced that Ameritas Investment Company, LLC (AIC) and Ameritas Advisory Services, LLC (AAS), wholly owned subsidiaries of Ameritas, have selected its solution to boost advisor efficiency and elevate the client experience. As a forward-thinking firm, AIC and AAS were seeking innovative AI tools that could help its registered representatives and Investment Adviser Representatives (IARs) to scale their practices, operate more efficiently, and deliver greater value to clients. Zocks stood out for its advisor-centric design and enterprise-grade capabilities in compliance, data security, and privacy. After an extended field pilot, Zocks showed that it could streamline pre- and post-client meeting workflows, potentially saving advisors up to 30 minutes per meeting on documentation, improving the quality of client records, and accelerating post-meeting follow ups. These outcomes reinforced Zocks as the ideal platform to support AIC and AAS's strategic initiatives for increasing productivity and time savings for advisors. 'As the financial services landscape evolves, advisors need to stay ahead of innovation to remain competitive,' said Mark Gilbert, CEO of Zocks. 'We're proud that Zocks is becoming an intricate part of Ameritas's advisors' daily workflows, automating routine tasks so they can focus more on what matters most and build deeper relationships with their clients.' 'At AIC and AAS, we're committed to being an innovative, forward-thinking partner for our advisors,' said Jeremy Robson, President, AIC and AAS. 'Zocks has quickly proven its value by simplifying day-to-day operations and giving advisors more time to focus on client connections and building relationships. The results speak for themselves, and the platform aligns with the high standards we hold across our business.' Early adopters of the platform are already seeing meaningful results. "Zocks is a game changer. It's like having a seasoned advisor in every meeting—capturing the details that make each client uniquely them, without pulling our team away from the human connection,' said Garrett German, Founder of Harvest Wealth Group. 'It's helping us serve clients more deeply, stay focused on what matters, and operate with a level of efficiency that's hard to overstate.' For more information about Zocks and its AI-powered platform, visit About Zocks Founded in 2022, Zocks is an intelligent communications platform that automatically captures critical information from conversations. Zocks helps firms save time, get better data, and accelerate workflows. Zocks is backed by a host of investors including Lightspeed, Global Founders Capital and Ascend. Learn more about Zocks and try it out at About Ameritas Ameritas is a marketing name for Ameritas Mutual Holding Company and its affiliated subsidiary companies, including Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York. Founded in 1887, Ameritas offers a wide range of insurance and financial products and services to individuals, families and businesses. These products and services include life insurance; annuities; individual disability income insurance; group dental, vision and hearing care insurance; retirement plans; investments; asset management; and public finance. Securities offered through affiliate Ameritas Investment Company LLC, member FINRA/SIPC and investment advisory services offered through Ameritas Advisory Services, LLC. For more information, visit Ameritas and are separate and unaffiliated firms. This release should not be construed as a recommendation or endorsement of any particular product, service or firm.

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