MidCap Financial Investment Co. (NASDAQ:MFICL) Plans Quarterly Dividend of $0.50

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Thursday, May 9th, Wall Street Journal reports. Investors of record on Saturday, June 1st will be paid a dividend of 0.50 per share on Saturday, June 15th. This represents a $2.00 annualized dividend and a yield of 7.89%. The ex-dividend date is Friday, May 31st.

MidCap Financial Investment Trading Down 0.4 %

Shares of NASDAQ MFICL opened at $25.34 on Friday. MidCap Financial Investment has a fifty-two week low of $24.88 and a fifty-two week high of $25.70. The company has a 50-day simple moving average of $25.40.

About MidCap Financial Investment

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.