Monroe Cap: Dividend Insights
Portfolio Pulse from Benzinga Insights
Monroe Cap (NASDAQ:MRCC) announced a quarterly dividend of 25 cents per share, payable on June 30, 2023. Shareholders must own the stock before the ex-dividend date on Wednesday to be eligible for the dividend.

June 09, 2023 | 2:45 pm
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NEGATIVE IMPACT
Monroe Cap's stock will likely open 25 cents lower on the ex-dividend date, reflecting the dividend payout.
Monroe Cap's stock will likely open lower on the ex-dividend date as the market adjusts the stock price to reflect the dividend payout. This is a common occurrence for stocks when they go ex-dividend, and it is expected to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100