Friday Is Your Last Chance To Buy MidCap Financial Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
MidCap Financial (NASDAQ:MFIC) announced a quarterly dividend of 38 cents per share, going ex-dividend on Monday. Shareholders owning MFIC by the end of Friday are eligible for the payout on March 28, 2024.

March 06, 2024 | 2:45 pm
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NEUTRAL IMPACT
MidCap Financial announced a quarterly dividend of 38 cents per share, with the ex-dividend date set for Monday. Eligible shareholders must own the stock by the end of Friday.
The announcement of a dividend payout typically has a neutral to slightly positive impact on a stock's price in the short term. However, the stock is expected to open lower on the ex-dividend date to reflect the payout, which is a standard practice. The importance is high as dividends are a significant part of investment returns, but the confidence in the exact short-term price movement is not absolute, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100