MidCap Financial Investment (MFICL) Projected to Release Quarterly Earnings on Wednesday

MidCap Financial Investment (NASDAQ:MFICL) will likely be posting its results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.37 per share and revenue of $74.8050 million for the quarter.

MidCap Financial Investment Trading Down 0.5%

NASDAQ MFICL opened at $25.36 on Tuesday. The stock has a fifty day simple moving average of $25.35 and a 200-day simple moving average of $25.34. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.69.

MidCap Financial Investment Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.50 per share. The ex-dividend date was Monday, June 1st. This represents a $2.00 dividend on an annualized basis and a dividend 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.