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

MidCap Financial Investment (NASDAQ:MFICL) is expected to release its resultson Wednesday, August 5th. Analysts expect MidCap Financial Investment 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 $25.25 on Wednesday. The company’s fifty day moving average price is $25.37 and its 200-day moving average price is $25.33. MidCap Financial Investment has a 1-year low of $25.00 and a 1-year high of $25.69.

MidCap Financial Investment Dividend Announcement

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

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.