Mount Logan Capital Inc. Announces Quarterly Dividend of $0.03 (NASDAQ:MLCI)

Mount Logan Capital Inc. (NASDAQ:MLCI) declared a quarterly dividend on Tuesday, August 11th. Investors of record on Friday, August 21st will be paid a dividend of 0.03 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, August 21st.

Mount Logan Capital Stock Performance

Shares of MLCI traded down $0.09 during mid-day trading on Wednesday, hitting $2.76. 7,542 shares of the stock were exchanged, compared to its average volume of 59,802. The company has a market cap of $30.84 million and a PE ratio of -0.44. Mount Logan Capital has a 52-week low of $2.68 and a 52-week high of $8.74. The firm has a 50-day moving average of $3.15 and a two-hundred day moving average of $5.06.

Mount Logan Capital (NASDAQ:MLCI) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.37) EPS for the quarter. The company had revenue of $8.75 million for the quarter.

Mount Logan Capital Company Profile

Mount Logan Capital Inc is an alternative asset management company that focuses on investing in, originating, and managing credit and private debt opportunities. The company’s activities are centered on providing capital solutions across a range of specialty finance and investment strategies, with an emphasis on generating income and preserving capital through disciplined credit underwriting.

The company operates through a combination of investment management and direct lending activities, and it may participate in a variety of asset classes, including structured credit, specialty finance, and other private market opportunities.