MidCap Financial Investment's most recent quarterly dividend of $0.38 per share was on Mar 11, 2024 (ex-date). At an annualized rate of $1.52 per share, the stock yields 9.97%.
MFIC has a dividend yield of 9.97% which is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.36%, MidCap Financial Investment's dividend yield is 197% higher. The historical 5-year average of MFIC's dividend yield is 11.7%, which is above the current yield.
MidCap Financial Investment has a history of paying dividends since 2005. Our records of MFIC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 10% for the last year. However since the stock price has gone up by 35% from a year ago, the dividend yield has decreased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 11, 2024 | Mar 28, 2024 | Feb 23, 2024 | $0.38 | normal |
| Dec 11, 2023 | Dec 28, 2023 | Nov 7, 2023 | $0.38 | normal |
| Sep 11, 2023 | Sep 28, 2023 | Aug 2, 2023 | $0.38 | normal |
| Jun 12, 2023 | Jun 29, 2023 | May 2, 2023 | $0.38 | normal |
| Mar 13, 2023 | Mar 30, 2023 | Feb 21, 2023 | $0.38 | normal |
| Dec 16, 2022 | Jan 5, 2023 | Nov 3, 2022 | $0.37 | normal |
| Sep 19, 2022 | Oct 11, 2022 | Aug 1, 2022 | $0.32 | normal |
| Jun 15, 2022 | Jul 7, 2022 | May 19, 2022 | $0.31 | normal |
| Jun 15, 2022 | Jul 7, 2022 | May 19, 2022 | $0.05 | special |
| Mar 18, 2022 | Apr 7, 2022 | Feb 3, 2022 | $0.31 | normal |
| Mar 18, 2022 | Apr 7, 2022 | Feb 3, 2022 | $0.05 | special |
| Dec 17, 2021 | Jan 6, 2022 | Nov 4, 2021 | $0.05 | special |
| Dec 17, 2021 | Jan 6, 2022 | Nov 4, 2021 | $0.31 | normal |
| Sep 20, 2021 | Oct 8, 2021 | Aug 5, 2021 | $0.31 | normal |
| Sep 20, 2021 | Oct 8, 2021 | Aug 5, 2021 | $0.05 | special |
| Jun 16, 2021 | Jul 7, 2021 | May 20, 2021 | $0.05 | special |
| Jun 16, 2021 | Jul 7, 2021 | May 20, 2021 | $0.31 | normal |
| Mar 18, 2021 | Apr 5, 2021 | Feb 4, 2021 | $0.05 | normal |
| Mar 18, 2021 | Apr 5, 2021 | Feb 4, 2021 | $0.31 | normal |
| Dec 18, 2020 | Jan 7, 2021 | Nov 5, 2020 | $0.05 | special |
| Dec 18, 2020 | Jan 7, 2021 | Nov 5, 2020 | $0.31 | normal |
| Sep 18, 2020 | Oct 7, 2020 | Aug 6, 2020 | $0.31 | normal |
| Sep 18, 2020 | Oct 7, 2020 | Aug 6, 2020 | $0.05 | special |
| Jun 17, 2020 | Jul 8, 2020 | May 20, 2020 | $0.45 | normal |
| Mar 19, 2020 | Apr 6, 2020 | Feb 4, 2020 | $0.45 | normal |
| Dec 19, 2019 | Jan 6, 2020 | Nov 5, 2019 | $0.45 | normal |
| Sep 19, 2019 | Oct 7, 2019 | Aug 6, 2019 | $0.45 | normal |
| Jun 19, 2019 | Jul 5, 2019 | May 16, 2019 | $0.45 | normal |
| Mar 20, 2019 | Apr 5, 2019 | Feb 6, 2019 | $0.45 | normal |
| Dec 19, 2018 | Jan 4, 2019 | Oct 30, 2018 | $0.45 | normal |
| Sep 21, 2018 | Oct 9, 2018 | Aug 8, 2018 | $0.45 | normal |
| Jun 20, 2018 | Jul 6, 2018 | May 17, 2018 | $0.45 | normal |
| Mar 26, 2018 | Apr 12, 2018 | Feb 6, 2018 | $0.45 | normal |
| Dec 20, 2017 | Jan 5, 2018 | Nov 2, 2017 | $0.45 | normal |
| Sep 20, 2017 | Oct 5, 2017 | Aug 3, 2017 | $0.45 | normal |
| Jun 19, 2017 | Jul 6, 2017 | May 17, 2017 | $0.45 | normal |
| Mar 17, 2017 | Apr 6, 2017 | Feb 3, 2017 | $0.45 | normal |
| Dec 19, 2016 | Jan 5, 2017 | Nov 7, 2016 | $0.45 | normal |
| Sep 19, 2016 | Oct 5, 2016 | Aug 4, 2016 | $0.45 | normal |
| Jun 17, 2016 | Jul 6, 2016 | May 18, 2016 | $0.6 | normal |
MFIC has a payout ratio of 83.5% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.6%, MidCap Financial Investment's payout ratio is 111% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ORC Orchid Island Capital Inc | 20.02% | $1.68 | N/A |
| MFIC MidCap Financial Investment Corporation | 10.1% | $1.52 | 83.5% |
Yes, MidCap Financial Investment has paid four dividends in the last 12 months. MFIC has been paying dividends since 2005.
MFIC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
MidCap Financial Investment's last regular dividend was on Mar 11, 2024 (ex-date) with the amount of $0.38 per share.
MFIC has paid dividend of $1.52 per share in the last year.
The current dividend yield of MidCap Financial Investment is 9.97%.
MidCap Financial Investment has a quarterly dividend frequency.
The dividend payout ratio of MidCap Financial Investment is 83.5%.
MidCap Financial Investment's dividend yield is above the Financial Services sector average.