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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Sunday, August 9th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.50 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Tuesday, September 1st.

MidCap Financial Investment Stock Performance

NASDAQ:MFICL opened at $25.35 on Monday. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.69. The stock’s fifty day simple moving average is $25.34 and its 200-day simple moving average is $25.34.

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.