MidCap Financial Investment (MFICL) to Release Quarterly Earnings on Wednesday

MidCap Financial Investment (NASDAQ:MFICL) is projected to announce its resultson Wednesday, August 5th. Analysts expect the company to post earnings of $0.37 per share and revenue of $74.8050 million for the quarter.

MidCap Financial Investment Stock Down 0.5%

NASDAQ MFICL opened at $25.25 on Wednesday. The stock has a 50-day moving average of $25.37 and a 200 day moving average of $25.33. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.69.

MidCap Financial Investment Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Monday, June 1st.

About MidCap Financial Investment

MidCap Financial Investment (NASDAQ: MFICL) is an externally managed business development company that provides customized financing solutions to privately held, lower middle-market companies in the United States. The company has elected to be treated as a business development company under the Investment Company Act of 1940 and is advised by MidCap Financial LLC, a specialized private credit investment firm.

The firm’s investment strategy centers on debt and equity financings, including senior secured loans, unitranche structures, mezzanine debt and equity co-investments.