MSC Income Fund (NYSE:MSIF) Shares Will Pay Monthly Dividend of $0.11

MSC Income Fund (NYSE:MSIF) announced a monthly dividend on Wednesday, November 4th. Stockholders of record on Tuesday, February 2nd will be given a dividend of $0.11 per share on Tuesday, February 9th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date of this dividend is Tuesday, February 2nd.

MSC Income Fund Stock Performance

Shares of MSIF stock traded down $0.07 during trading hours on Thursday, reaching $12.28. The company had a trading volume of 188,869 shares, compared to its average volume of 287,036. MSC Income Fund has a 12-month low of $10.80 and a 12-month high of $14.46. The company has a market capitalization of $578.75 million and a price-to-earnings ratio of 5.74. The stock has a fifty day moving average of $12.10 and a 200-day moving average of $12.14.

MSC Income Fund (NYSE:MSIF) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01).

MSC Income Fund (NYSE: MSIF) is a business development company that invests in privately held, primarily U.S.-based businesses. The fund seeks to provide capital to lower middle-market companies that may have limited access to traditional financing sources.

Its investment activities generally include providing senior secured loans, subordinated debt and other forms of financing, along with selective equity investments. MSC Income Fund works with portfolio companies across a range of industries and may support acquisitions, recapitalizations, growth initiatives and other corporate financing needs.

The fund is externally managed by MSC Adviser I, LLC, an affiliate of Main Street Capital Corporation.