MidCap Financial Investment Co. (MFICL) to Issue Quarterly Dividend of $0.50 on March 15th

MidCap Financial Investment Co. (NASDAQ:MFICL) announced a quarterly dividend on Friday, January 1st. Stockholders of record on Sunday, March 1st will be given a dividend of 0.50 per share on Sunday, March 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date is Friday, February 27th.

MidCap Financial Investment Stock Performance

Shares of MidCap Financial Investment stock traded up $0.01 during trading on Wednesday, hitting $25.50. The stock had a trading volume of 4,071 shares, compared to its average volume of 6,132. MidCap Financial Investment has a 1 year low of $25.00 and a 1 year high of $25.85. The stock has a 50 day simple moving average of $25.30 and a 200 day simple moving average of $25.36.

About MidCap Financial Investment

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.