Mount Logan Capital Inc. (NASDAQ:MLCI) Declares Quarterly Dividend of $0.03

Mount Logan Capital Inc. (NASDAQ:MLCI) announced a quarterly dividend on Thursday, November 5th. Shareholders 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 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, November 19th.

Mount Logan Capital Trading Down 0.3%

NASDAQ:MLCI opened at $3.54 on Friday. Mount Logan Capital has a twelve month low of $2.56 and a twelve month high of $8.68. The company has a 50-day moving average of $3.27 and a 200-day moving average of $3.96. The firm has a market cap of $39.61 million, a price-to-earnings ratio of -0.53 and a beta of 2.36.

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

About Mount Logan Capital

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.