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MidCap Financial Investment reports Q4 EPS 44c, consensus 42c
The Fly

MidCap Financial Investment reports Q4 EPS 44c, consensus 42c

Reports Q4 net asset value per share $15.18. Tanner Powell, the company’s CEO commented, "We are very pleased with our results for the March quarter which benefited from our new fee structure which became effective during the quarter, as well as the positive net impact of higher base rates, and strong fee and prepayment income. We are delivering an attractive dividend yield at NAV for shareholders while also conservatively retaining a portion of earnings. We believe the fundamentals and overall credit quality of our corporate lending portfolio remain healthy, demonstrating the value of our investment strategy of focusing on true senior secured loans to middle market companies."

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