MidCap Financial Investment (MFICL) to Release Earnings on Thursday

MidCap Financial Investment (NASDAQ:MFICL) is expected to announce its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.3681 per share and revenue of $78.8490 million for the quarter.

MidCap Financial Investment Stock Down 0.0%

NASDAQ:MFICL opened at $25.48 on Friday. MidCap Financial Investment has a 52-week low of $25.00 and a 52-week high of $25.85. The stock’s 50-day simple moving average is $25.29 and its 200 day simple moving average is $25.37.

MidCap Financial Investment Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $2.00 annualized dividend and a dividend yield of 7.9%.

MidCap Financial Investment Company Profile

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.