MSC Income Fund (NYSE:MSIF – Get Free Report) declared a monthly dividend on Wednesday, November 4th. Stockholders of record on Tuesday, March 2nd will be given a dividend of $0.11 per share on Tuesday, March 9th. This represents a $1.32 annualized dividend and a dividend yield of 10.8%. The ex-dividend date is Tuesday, March 2nd.
MSC Income Fund Stock Performance
Shares of NYSE MSIF traded down $0.07 during mid-day trading on Thursday, reaching $12.28. The company’s stock had a trading volume of 188,869 shares, compared to its average volume of 287,036. The stock has a 50-day moving average of $12.10 and a two-hundred day moving average of $12.14. The stock has a market capitalization of $578.75 million and a P/E ratio of 5.74. MSC Income Fund has a 1-year low of $10.80 and a 1-year high of $14.46.
MSC Income Fund (NYSE:MSIF – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.01).
MSC Income Fund (NYSE: MSIF) is a business development company that invests in privately held, primarily U.S.-based businesses. The fund seeks to provide capital to lower middle-market companies that may have limited access to traditional financing sources.
Its investment activities generally include providing senior secured loans, subordinated debt and other forms of financing, along with selective equity investments. MSC Income Fund works with portfolio companies across a range of industries and may support acquisitions, recapitalizations, growth initiatives and other corporate financing needs.
The fund is externally managed by MSC Adviser I, LLC, an affiliate of Main Street Capital Corporation.
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