MidCap Financial Investment (NASDAQ:MFICL – Get Free Report) is anticipated to announce its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.3681 per share and revenue of $78.8490 million for the quarter.
MidCap Financial Investment Stock Up 0.0%
MidCap Financial Investment stock opened at $25.48 on Tuesday. The firm’s fifty day moving average price is $25.30 and its two-hundred day moving average price is $25.36. MidCap Financial Investment has a 1-year low of $25.00 and a 1-year high of $25.85.
MidCap Financial Investment Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 15th. Investors of record on Sunday, March 1st will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.00 annualized dividend and a yield of 7.9%.
About MidCap Financial Investment
MidCap Financial Investment (NASDAQ: MFICL) is an externally managed business development company that provides customized financing solutions to privately held, lower middle-market companies in the United States. The company has elected to be treated as a business development company under the Investment Company Act of 1940 and is advised by MidCap Financial LLC, a specialized private credit investment firm.
The firm’s investment strategy centers on debt and equity financings, including senior secured loans, unitranche structures, mezzanine debt and equity co-investments.
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