MSC Income Fund (NYSE:MSIF) Plans Monthly Dividend of $0.11

MSC Income Fund (NYSE:MSIF) announced a monthly dividend on Wednesday, November 4th. Stockholders of record on Tuesday, March 2nd will be given a dividend of $0.11 per share on Tuesday, March 9th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Tuesday, March 2nd.

MSC Income Fund Trading Down 0.5%

Shares of MSC Income Fund stock traded down $0.07 on Thursday, hitting $12.28. The stock had a trading volume of 188,869 shares, compared to its average volume of 287,036. MSC Income Fund has a 52-week low of $10.80 and a 52-week high of $14.46. The stock has a market cap of $578.75 million and a price-to-earnings ratio of 5.74. The company’s 50 day moving average price is $12.10 and its 200 day moving average price is $12.14.

MSC Income Fund (NYSE:MSIF) last announced its earnings results on Thursday, November 5th. The company reported $0.34 earnings per share (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.