MidCap Financial Investment (NASDAQ:MFICL – Get Free Report) is anticipated to release its resultson Thursday, November 5th. Analysts expect the company to post earnings of $0.3323 per share and revenue of $65.37 million for the quarter.
MidCap Financial Investment Stock Up 0.1%
Shares of NASDAQ:MFICL opened at $25.39 on Tuesday. MidCap Financial Investment has a 1 year low of $25.00 and a 1 year high of $25.60. The business’s 50 day moving average price is $25.22 and its 200-day moving average price is $25.31.
MidCap Financial Investment Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend was Tuesday, September 1st.
About MidCap Financial Investment
MidCap Financial Investment Corporation is a business development company (BDC) that provides financing to privately held, middle-market companies. The company primarily invests in senior secured loans and other debt securities, with the objective of generating current income and, to a lesser extent, capital appreciation.
Its investment portfolio may include first-lien, second-lien and unitranche loans, as well as subordinated debt and equity-related investments. MidCap Financial Investment Corporation generally focuses on established companies across a range of industries and seeks to structure customized financing solutions, including acquisitions, recapitalizations, refinancing and growth initiatives.
The company is externally managed by MidCap Financial Investment Management, an affiliate of Apollo Global Management.
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