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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Tuesday, November 26th,Wall Street Journal reports. Shareholders of record on Sunday, December 1st will be given a dividend of 0.50 per share on Sunday, December 15th. This represents a $2.00 annualized dividend and a yield of 7.78%. The ex-dividend date of this dividend is Friday, November 29th.

MidCap Financial Investment Price Performance

MidCap Financial Investment stock opened at $25.70 on Wednesday. The business has a 50 day moving average price of $25.60 and a two-hundred day moving average price of $25.43. MidCap Financial Investment has a 12 month low of $24.88 and a 12 month high of $25.84.

MidCap Financial Investment Company Profile

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.