Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants. It also provides financing primarily to leveraged buyouts in lower middle-market companies. It focuses to invest in the United States and Canada. The fund prefers to invest in companies with EBITDA between $3 and $35 million. Its makes minority equity investments.
Monroe Capital Dividend Announcement
• Monroe Capital announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-12-30. Ex dividend date: 2024-12-16
• Monroe Capital annual dividend for 2024 was $1.00
• Monroe Capital annual dividend for 2023 was $1.00
• Monroe Capital's trailing twelve-month (TTM) dividend yield is 11.59%
• Monroe Capital's payout ratio for the trailing twelve months (TTM) is 147.84%
• Monroe Capital's dividend growth over the last five years (2018-2023) was -6.51% year
• Monroe Capital's dividend growth over the last ten years (2013-2023) was -3.03% year
Monroe Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | $0.25 | quarterly | 2024-12-30 |
2024-09-16 | $0.25 | quarterly | 2024-09-30 |
2024-06-17 | $0.25 | quarterly | 2024-06-28 |
2024-03-14 | $0.25 | quarterly | 2024-03-29 |
2023-12-14 | $0.25 | quarterly | 2023-12-29 |
2023-09-14 | $0.25 | quarterly | 2023-09-29 |
2023-06-14 | $0.25 | quarterly | 2023-06-30 |
2023-03-14 | $0.25 | quarterly | 2023-03-31 |
2022-12-14 | $0.25 | quarterly | 2022-12-30 |
2022-09-14 | $0.25 | quarterly | 2022-09-30 |
2022-06-14 | $0.25 | quarterly | 2022-06-30 |
2022-03-15 | $0.25 | quarterly | 2022-03-31 |
2021-12-15 | $0.25 | quarterly | 2021-12-31 |
2021-09-15 | $0.25 | quarterly | 2021-09-30 |
2021-06-15 | $0.25 | quarterly | 2021-06-30 |
2021-03-15 | $0.25 | quarterly | 2021-03-31 |
2020-12-15 | $0.25 | quarterly | 2020-12-31 |
2020-09-15 | $0.25 | quarterly | 2020-09-30 |
2020-06-12 | $0.25 | quarterly | 2020-06-30 |
2020-03-13 | $0.35 | quarterly | 2020-03-31 |
2019-12-13 | $0.35 | quarterly | 2019-12-31 |
2019-09-13 | $0.35 | quarterly | 2019-09-30 |
2019-06-13 | $0.35 | quarterly | 2019-06-28 |
2019-03-14 | $0.35 | quarterly | 2019-03-29 |
2018-12-13 | $0.35 | quarterly | 2018-12-28 |
2018-09-13 | $0.35 | quarterly | 2018-09-28 |
2018-06-14 | $0.35 | quarterly | 2018-06-29 |
2018-03-15 | $0.35 | quarterly | 2018-03-30 |
2017-12-14 | $0.35 | quarterly | 2017-12-29 |
2017-09-14 | $0.35 | quarterly | 2017-09-29 |
2017-06-13 | $0.35 | quarterly | 2017-06-30 |
2017-03-15 | $0.35 | quarterly | 2017-03-31 |
2016-12-13 | $0.35 | quarterly | 2016-12-30 |
2016-09-13 | $0.35 | quarterly | 2016-09-30 |
2016-06-13 | $0.35 | quarterly | 2016-06-30 |
2016-03-11 | $0.35 | quarterly | 2016-03-31 |
2015-12-11 | $0.35 | quarterly | 2015-12-30 |
2015-09-11 | $0.35 | quarterly | 2015-09-30 |
2015-06-11 | $0.35 | quarterly | 2015-06-30 |
2015-03-18 | $0.35 | quarterly | 2015-03-31 |
2014-12-11 | $0.34 | quarterly | 2014-12-30 |
2014-09-11 | $0.34 | quarterly | 2014-09-30 |
2014-06-11 | $0.34 | quarterly | 2014-06-27 |
2014-03-14 | $0.34 | quarterly | 2014-03-28 |
2013-12-11 | $0.34 | quarterly | 2013-12-27 |
2013-09-11 | $0.34 | quarterly | 2013-09-27 |
2013-06-12 | $0.34 | quarterly | 2013-06-28 |
2013-03-15 | $0.34 | quarterly | 2013-03-28 |
Monroe Capital Dividend per year
Monroe Capital Dividend growth
Monroe Capital Dividend Yield
Monroe Capital current trailing twelve-month (TTM) dividend yield is 11.59%. Interested in purchasing Monroe Capital stock? Use our calculator to estimate your expected dividend yield:
Monroe Capital Financial Ratios
Monroe Capital Dividend FAQ
Other factors to consider when evaluating Monroe Capital 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.
Place an order: Use the brokerage's trading platform to place an order to buy Monroe Capital stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Monroe Capital'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, Monroe Capital 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, Monroe Capital 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 Monroe Capital 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: Monroe Capital 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, Monroe Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Monroe Capital 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 Monroe Capital'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 Monroe Capital'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.