MidCap Financial Investment Co. (NASDAQ:MFICL) Plans $0.50 Quarterly Dividend

MidCap Financial Investment Co. (NASDAQ:MFICLGet Free Report) declared a quarterly dividend on Tuesday, May 7th, Wall Street Journal reports. Stockholders of record on Saturday, June 1st will be paid a dividend of 0.50 per share on Saturday, June 15th. This represents a $2.00 annualized dividend and a dividend yield of 7.86%. The ex-dividend date of this dividend is Friday, May 31st.

MidCap Financial Investment Price Performance

NASDAQ MFICL opened at $25.44 on Thursday. MidCap Financial Investment has a twelve month low of $24.88 and a twelve month high of $25.70. The business has a 50-day simple moving average of $25.42.

MidCap Financial Investment Company Profile

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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.

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