MSC Income Fund (NYSE:MSIF – Get Free Report) announced a monthly dividend on Wednesday, November 4th. Shareholders of record on Tuesday, February 2nd will be given a dividend of $0.11 per share on Tuesday, February 9th. This represents a $1.32 dividend on an annualized basis and a yield of 10.8%. The ex-dividend date of this dividend is Tuesday, February 2nd.
MSC Income Fund Stock Performance
Shares of NYSE:MSIF opened at $12.28 on Friday. The company has a market cap of $578.75 million and a P/E ratio of 5.74. The stock’s 50-day moving average is $12.09 and its 200-day moving average is $12.14. MSC Income Fund has a 52-week low of $10.80 and a 52-week high of $14.46.
MSC Income Fund (NYSE:MSIF – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01).
MSC Income Fund (NYSE: MSIF) is a business development company that invests in privately held, primarily U.S.-based businesses. The fund seeks to provide capital to lower middle-market companies that may have limited access to traditional financing sources.
Its investment activities generally include providing senior secured loans, subordinated debt and other forms of financing, along with selective equity investments. MSC Income Fund works with portfolio companies across a range of industries and may support acquisitions, recapitalizations, growth initiatives and other corporate financing needs.
The fund is externally managed by MSC Adviser I, LLC, an affiliate of Main Street Capital Corporation.
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