MidCap Financial Investment Co. (MFICL) To Go Ex-Dividend on December 1st

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Friday, January 1st. Investors of record on Monday, December 1st will be paid a dividend of 0.50 per share on Monday, December 15th. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Monday, December 1st.

MidCap Financial Investment Stock Performance

Shares of MidCap Financial Investment stock traded down $0.02 on Friday, hitting $25.46. 7,083 shares of the company’s stock traded hands, compared to its average volume of 5,327. The firm’s 50-day moving average price is $25.39 and its two-hundred day moving average price is $25.42. MidCap Financial Investment has a one year low of $25.10 and a one year high of $25.85.

About MidCap Financial Investment

MidCap Financial Investment Corporation (Former name Apollo Investment Corporation) is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies.