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 Tuesday, February 25th, NASDAQ Dividends reports. Stockholders of record on Saturday, March 1st will be given a dividend of 0.50 per share on Saturday, March 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date is Friday, February 28th.

MidCap Financial Investment Stock Performance

Shares of MidCap Financial Investment stock traded up $0.04 during trading hours on Wednesday, reaching $25.75. The stock had a trading volume of 3,279 shares, compared to its average volume of 7,566. MidCap Financial Investment has a 1 year low of $25.00 and a 1 year high of $25.84. The firm has a 50 day simple moving average of $25.47 and a two-hundred day simple moving average of $25.52.

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.