Apollo Investment Corporation is business development company and a closed-end, externally managed, non-diversified management investment company. It is elected to be treated as a business development company (BDC) under the Investment Company Act of 1940 (the 1940 Act) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments. It may invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). The fund typically invests in construction and building materials, business services, plastics & rubber, advertising, capital equipment, education, cable television, chemicals, consumer products/goods durable and non-durable and customer services, direct marketing, energy oil & gas, electricity and utilities. The fund also invest in aerospace & defense, wholesale, telecommunications, financial services, hotel, gaming, leisure, restaurants; environmental industries, healthcare and pharmaceuticals, high tech industries, beverages, food and tobacco, manufacturing, media diversified & production, printing and publishing, retail, automation, aviation and consumer transport, transportation, cargo and distribution. It primarily invests in United States. It primarily invests between $20 million and $250 million in its portfolio companies. The fund seeks to make investments with stated maturities of five to 10 years.
MidCap Financial Investment Dividend Announcement
• MidCap Financial Investment announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-10
• MidCap Financial Investment annual dividend for 2024 was $1.34
• MidCap Financial Investment annual dividend for 2023 was $1.52
• MidCap Financial Investment's trailing twelve-month (TTM) dividend yield is 13.09%
• MidCap Financial Investment's payout ratio for the trailing twelve months (TTM) is 83.93%
• MidCap Financial Investment's dividend growth over the last five years (2018-2023) was 11.05% year
• MidCap Financial Investment's dividend growth over the last ten years (2013-2023) was 6.63% year
MidCap Financial Investment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | $0.38 | quarterly | 2024-09-26 |
2024-08-05 | $0.20 | quarterly | 2024-08-15 |
2024-06-11 | $0.38 | quarterly | 2024-06-27 |
2024-03-11 | $0.38 | quarterly | 2024-03-28 |
2023-12-11 | $0.38 | quarterly | 2023-12-28 |
2023-09-11 | $0.38 | quarterly | 2023-09-28 |
2023-06-12 | $0.38 | quarterly | 2023-06-29 |
2023-03-13 | $0.38 | quarterly | 2023-03-30 |
2022-12-16 | $0.37 | quarterly | 2023-01-05 |
2022-09-19 | $0.32 | quarterly | 2022-10-11 |
2022-06-15 | $0.36 | quarterly | 2022-07-07 |
2022-03-18 | $0.36 | quarterly | 2022-04-07 |
2021-12-17 | $0.36 | quarterly | 2022-01-06 |
2021-09-20 | $0.36 | quarterly | 2021-10-08 |
2021-06-16 | $0.36 | quarterly | 2021-07-07 |
2021-03-18 | $0.36 | quarterly | 2021-04-05 |
2020-12-18 | $0.36 | quarterly | 2021-01-07 |
2020-09-18 | $0.36 | quarterly | 2020-10-07 |
2020-06-17 | $0.45 | quarterly | 2020-07-08 |
2020-03-19 | $0.45 | quarterly | 2020-04-06 |
2019-12-19 | $0.45 | quarterly | 2020-01-06 |
2019-09-19 | $0.45 | quarterly | 2019-10-07 |
2019-06-19 | $0.45 | quarterly | 2019-07-05 |
2019-03-20 | $0.45 | quarterly | 2019-04-05 |
2018-12-19 | $0.45 | quarterly | 2019-01-04 |
2018-09-21 | $0.15 | quarterly | 2018-10-09 |
2018-06-20 | $0.15 | quarterly | 2018-07-06 |
2018-03-26 | $0.15 | quarterly | 2018-04-12 |
2017-12-20 | $0.15 | quarterly | 2018-01-05 |
2017-09-20 | $0.15 | quarterly | 2017-10-05 |
2017-06-19 | $0.15 | quarterly | 2017-07-06 |
2017-03-17 | $0.15 | quarterly | 2017-04-06 |
2016-12-19 | $0.15 | quarterly | 2017-01-05 |
2016-09-19 | $0.15 | quarterly | 2016-10-05 |
2016-06-17 | $0.20 | quarterly | 2016-07-06 |
2016-03-17 | $0.20 | quarterly | 2016-04-06 |
2015-12-17 | $0.20 | quarterly | 2016-01-05 |
2015-09-17 | $0.20 | quarterly | 2015-10-06 |
2015-06-17 | $0.20 | quarterly | 2015-07-06 |
2015-03-18 | $0.20 | quarterly | 2015-04-06 |
2014-12-17 | $0.20 | quarterly | 2015-01-05 |
2014-09-17 | $0.20 | quarterly | 2014-10-06 |
2014-06-18 | $0.20 | quarterly | 2014-07-07 |
2014-03-19 | $0.20 | quarterly | 2014-04-07 |
2013-12-17 | $0.20 | quarterly | 2014-01-06 |
2013-09-18 | $0.20 | quarterly | 2013-10-04 |
2013-06-18 | $0.20 | quarterly | 2013-07-05 |
2013-03-19 | $0.20 | quarterly | 2013-04-04 |
MidCap Financial Investment Dividend per year
MidCap Financial Investment Dividend growth
MidCap Financial Investment Dividend Yield
MidCap Financial Investment current trailing twelve-month (TTM) dividend yield is 13.09%. Interested in purchasing MidCap Financial Investment stock? Use our calculator to estimate your expected dividend yield:
MidCap Financial Investment Financial Ratios
MidCap Financial Investment Dividend FAQ
Other factors to consider when evaluating MidCap Financial Investment as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: MidCap Financial Investment's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, MidCap Financial Investment publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, MidCap Financial Investment distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from MidCap Financial Investment are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: MidCap Financial Investment sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, MidCap Financial Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MidCap Financial Investment declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of MidCap Financial Investment's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review MidCap Financial Investment's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.