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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Wednesday, November 27th,Wall Street Journal reports. Investors 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 7.74%. The ex-dividend date is Friday, November 29th.

MidCap Financial Investment Stock Performance

NASDAQ:MFICL opened at $25.84 on Thursday. MidCap Financial Investment has a twelve month low of $24.88 and a twelve month high of $25.84. The firm’s fifty day simple moving average is $25.61 and its 200 day simple moving average is $25.43.

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.