Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.25 Per Share
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Monroe Capital Corporation (NASDAQ: MRCC) announced a $0.25 per share distribution for Q4 2024, payable on December 30, 2024. Stockholders can opt for cash or reinvestment in additional shares. Tax details will be provided on Form 1099.
December 06, 2024 | 9:15 pm
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Monroe Capital Corporation declared a $0.25 per share distribution for Q4 2024, with options for cash or reinvestment. This may attract income-focused investors.
The announcement of a $0.25 per share distribution is likely to be viewed positively by investors, particularly those focused on income. The option for reinvestment may also appeal to long-term investors. This could lead to a short-term positive impact on MRCC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100