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

MidCap Financial Investment Co. (NASDAQ:MFICL) declared a quarterly dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Saturday, March 1st will be paid a dividend of 0.50 per share on Saturday, March 15th. This represents a $2.00 annualized dividend and a yield of 7.78%. The ex-dividend date is Friday, February 28th.

MidCap Financial Investment Stock Performance

Shares of MFICL remained flat at $25.71 during midday trading on Tuesday. The stock had a trading volume of 3,279 shares, compared to its average volume of 7,566. MidCap Financial Investment has a fifty-two week low of $25.00 and a fifty-two week high of $25.84. The firm has a 50 day moving average price of $25.46 and a 200 day moving average price of $25.52.

About MidCap Financial Investment

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.