MidCap Financial Investment Co. (NASDAQ:MFICL) Plans Quarterly Dividend of $0.50

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 7.77%. The ex-dividend date is Friday, February 28th.

MidCap Financial Investment Price Performance

Shares of MidCap Financial Investment stock traded up $0.04 during mid-day trading on Wednesday, hitting $25.75. 3,279 shares of the stock were exchanged, compared to its average volume of 7,566. The company has a 50-day simple moving average of $25.47 and a 200 day simple moving average of $25.52. MidCap Financial Investment has a twelve month low of $25.00 and a twelve month high of $25.84.

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.