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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Sunday, March 1st will be given a dividend of 0.50 per share on Sunday, March 15th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Friday, February 27th.

MidCap Financial Investment Trading Up 0.0%

NASDAQ:MFICL traded up $0.01 during mid-day trading on Tuesday, hitting $25.50. The company had a trading volume of 8,935 shares, compared to its average volume of 6,207. MidCap Financial Investment has a fifty-two week low of $25.00 and a fifty-two week high of $25.85. The business’s fifty day moving average is $25.30 and its two-hundred day moving average is $25.36.

MidCap Financial Investment Company Profile

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.