Mount Logan Capital Inc. (MLCI) To Go Ex-Dividend on November 19th

Mount Logan Capital Inc. (NASDAQ:MLCI) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.03 per share on Monday, November 30th. This represents a $0.12 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Thursday, November 19th.

Mount Logan Capital Stock Down 2.0%

NASDAQ MLCI opened at $3.47 on Friday. The company has a 50-day simple moving average of $3.27 and a 200-day simple moving average of $3.94. Mount Logan Capital has a one year low of $2.56 and a one year high of $8.68.

Mount Logan Capital (NASDAQ:MLCI) last released its earnings results on Thursday, November 5th. The company reported ($0.33) earnings per share for the quarter. Mount Logan Capital had a negative return on equity of 72.32% and a negative net margin of 155.36%. The firm had revenue of $12.85 million for the quarter.

Mount Logan Capital Company Profile

Mount Logan Capital Inc (NASDAQ: MLCI) is a financial services and asset management company focused on credit and insurance-related investments. The company seeks to generate long-term returns by investing in a diversified portfolio of credit assets and providing capital solutions across areas of the private and structured credit markets.

Mount Logan’s activities have included investments in corporate debt, asset-backed securities, collateralized loan obligations and other income-producing credit instruments.