MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2024
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MidCap Financial Investment Corporation (NASDAQ: MFIC) reported its financial results for the quarter and fiscal year ended December 31, 2024. The company announced a net investment income of $0.40 per share for the quarter, a slight decrease from the previous quarter. The net asset value per share decreased by 0.8% to $14.98. New investment commitments totaled $255 million, and the company declared a dividend of $0.38 per share. Additionally, MFIC closed a $529.6 million CLO transaction.
February 25, 2025 | 9:15 pm
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MidCap Financial Investment Corporation reported a net investment income of $0.40 per share for Q4 2024, a decrease from $0.44 in the previous quarter. The net asset value per share decreased by 0.8% to $14.98. The company declared a $0.38 dividend and closed a $529.6 million CLO transaction.
The financial results show a slight decrease in net investment income and NAV, but the declaration of a dividend and the closing of a significant CLO transaction are positive indicators. These factors are likely to have a positive short-term impact on MFIC's stock price.
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RELEVANCE 100