MidCap Financial Investment Co. (NASDAQ:MFICL – Get Free Report) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.50 per share on Tuesday, December 15th. This represents a $2.00 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Tuesday, December 1st.
MidCap Financial Investment Price Performance
MFICL stock opened at $25.45 on Wednesday. The stock has a 50-day moving average price of $25.21 and a two-hundred day moving average price of $25.32. MidCap Financial Investment has a 12-month low of $25.00 and a 12-month high of $25.60.
MidCap Financial Investment Company Profile
MidCap Financial Investment Corporation is a business development company that provides financing to middle-market businesses. It primarily invests in debt, including senior secured loans, and may also make other debt and equity investments as part of its portfolio. The company is externally managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, and focuses mainly on borrowers in the United States. It was formerly known as Apollo Investment Corporation and adopted its current name in 2023.
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