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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Tuesday, November 26th,Wall Street Journal reports. Shareholders of record on Sunday, December 1st will be paid a dividend of 0.50 per share on Sunday, December 15th. This represents a $2.00 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date is Friday, November 29th.

MidCap Financial Investment Stock Performance

NASDAQ:MFICL opened at $25.70 on Wednesday. The stock’s fifty day simple moving average is $25.60 and its 200-day simple moving average is $25.43. MidCap Financial Investment has a 12-month low of $24.88 and a 12-month high of $25.84.

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.