Mount Logan Capital Inc. (MLCI) To Go Ex-Dividend on August 21st

Mount Logan Capital Inc. (NASDAQ:MLCI) announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.03 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Friday, August 21st.

Mount Logan Capital Price Performance

Shares of MLCI opened at $2.65 on Thursday. The company has a 50-day simple moving average of $3.15 and a two-hundred day simple moving average of $5.03. The firm has a market capitalization of $29.65 million and a PE ratio of -0.40. Mount Logan Capital has a one year low of $2.56 and a one year high of $8.74.

Mount Logan Capital (NASDAQ:MLCI) last announced its earnings results on Tuesday, August 11th. The company reported ($0.37) earnings per share (EPS) for the quarter. The firm had revenue of $8.75 million during the quarter. Mount Logan Capital had a negative return on equity of 65.62% and a negative net margin of 155.36%.

About Mount Logan Capital

Mount Logan Capital Inc is an alternative asset management company that focuses on investing in, originating, and managing credit and private debt opportunities. The company’s activities are centered on providing capital solutions across a range of specialty finance and investment strategies, with an emphasis on generating income and preserving capital through disciplined credit underwriting.

The company operates through a combination of investment management and direct lending activities, and it may participate in a variety of asset classes, including structured credit, specialty finance, and other private market opportunities.