MONROE CAPITAL's most recent quarterly cash dividend of $0.25 per share was issued to shareholders on record before Sep 14, 2022. At an annualized rate of $1 per share, the stock yields 13.72%.
MRCC has a dividend yield of 13.72% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.93%, MONROE CAPITAL's dividend yield is 368% higher. The historical 5-year average of MRCC's dividend yield is 11.9%, which is less than the current one.
MONROE CAPITAL has been paying dividends for the last ten years. According to our data MRCC has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However since the stock price has gone down by 28% from a year ago, the dividend yield has increased by 40%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 14, 2022 | Sep 30, 2022 | Sep 2, 2022 | $0.25 | normal |
| Jun 14, 2022 | Jun 30, 2022 | Jun 1, 2022 | $0.25 | normal |
| Mar 15, 2022 | Mar 31, 2022 | Mar 2, 2022 | $0.25 | normal |
| Dec 15, 2021 | Dec 31, 2021 | Dec 2, 2021 | $0.25 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Sep 2, 2021 | $0.25 | normal |
| Jun 15, 2021 | Jun 30, 2021 | Jun 2, 2021 | $0.25 | normal |
| Mar 15, 2021 | Mar 31, 2021 | Mar 2, 2021 | $0.25 | normal |
| Dec 15, 2020 | Dec 31, 2020 | Dec 4, 2020 | $0.25 | normal |
| Sep 15, 2020 | Sep 30, 2020 | Sep 4, 2020 | $0.25 | normal |
| Jun 12, 2020 | Jun 30, 2020 | May 8, 2020 | $0.25 | normal |
| Mar 13, 2020 | Mar 31, 2020 | Mar 3, 2020 | $0.35 | normal |
| Dec 13, 2019 | Dec 31, 2019 | Dec 2, 2019 | $0.35 | normal |
| Sep 13, 2019 | Sep 30, 2019 | Sep 3, 2019 | $0.35 | normal |
| Jun 13, 2019 | Jun 28, 2019 | May 31, 2019 | $0.35 | normal |
| Mar 14, 2019 | Mar 29, 2019 | Mar 5, 2019 | $0.35 | normal |
| Dec 13, 2018 | Dec 28, 2018 | Nov 30, 2018 | $0.35 | normal |
| Sep 13, 2018 | Sep 28, 2018 | Aug 31, 2018 | $0.35 | normal |
| Jun 14, 2018 | Jun 29, 2018 | Jun 1, 2018 | $0.35 | normal |
| Mar 15, 2018 | Mar 30, 2018 | Mar 1, 2018 | $0.35 | normal |
| Dec 14, 2017 | Dec 29, 2017 | Dec 1, 2017 | $0.35 | normal |
| Sep 14, 2017 | Sep 29, 2017 | Aug 31, 2017 | $0.35 | normal |
| Jun 13, 2017 | Jun 30, 2017 | May 31, 2017 | $0.35 | normal |
| Mar 15, 2017 | Mar 31, 2017 | Mar 7, 2017 | $0.35 | normal |
| Dec 13, 2016 | Dec 30, 2016 | Nov 30, 2016 | $0.35 | normal |
| Sep 13, 2016 | Sep 30, 2016 | Aug 30, 2016 | $0.35 | normal |
MRCC has a payout ratio of 285.7% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 30.1%, MONROE CAPITAL's payout ratio is 849% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MRCC MONROE CAPITAL Corp | 13.61% | $1 | 285.7% |
| OFS OFS Capital Corp | 13.52% | $1.11 | 50.2% |
Yes, MONROE CAPITAL has been paying dividends for the last ten years.
At this point we don't have a record of MRCC's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.
MONROE CAPITAL's last dividend ex-date was on Sep 14, 2022. The dividend amount was $0.25 per share.
On an annual basis MRCC pays $1 per share.
The current dividend yield of MONROE CAPITAL is 13.72%.
MONROE CAPITAL has a quarterly dividend frequency.
The dividend payout ratio of MONROE CAPITAL is 285.7%.
MONROE CAPITAL's dividend yield is more than the Financial Services sector average.