MidCap Financial Investment (NASDAQ:MFICL – Get Free Report) is anticipated to issue its results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.37 per share and revenue of $74.8050 million for the quarter.
MidCap Financial Investment Stock Performance
NASDAQ:MFICL opened at $25.42 on Monday. MidCap Financial Investment has a 52 week low of $25.00 and a 52 week high of $25.69. The stock’s fifty day moving average is $25.36 and its two-hundred day moving average is $25.33.
MidCap Financial Investment Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.50 per share. The ex-dividend date was Monday, June 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.9%.
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.
Recommended Stories
- Five stocks we like better than MidCap Financial Investment
- 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
Receive News & Ratings for MidCap Financial Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MidCap Financial Investment and related companies with MarketBeat.com's FREE daily email newsletter.
