MidCap Financial (MFIC) has announced its upcoming dividend details, with an ex-dividend date set for Jun 10, 2025. The announcement was made on May 7, 2025, and shareholders can expect a dividend payment of $0.380 per share on Jun 26, 2025. This dividend represents an increase compared to the average of the last ten dividends, which stood at $0.286 per share. The previous dividend, distributed on Mar 27, 2025, was also $0.380 per share. The type of dividend is cash dividend, reflecting the company's ongoing commitment to providing direct financial returns to its shareholders.
Recently,
has seen several key developments. Over the past week, an analyst lowered the price target for MidCap Financial from $13.25 to $13, maintaining an Underperform rating for the stock. This adjustment reflects concerns about the company's market performance, although it remains a topic of debate among market watchers.
In terms of financial outlook, MidCap Financial has demonstrated notable growth. As of late, the company reported annual revenue of $301.78 million in 2024, marking a 9.13% increase. The revenue for the trailing twelve months reached $312.15 million, indicating a growth rate of 12.66%. This positive trend highlights the firm's robust business conditions and strategic execution, contributing to its appeal among investors.
Additionally, the company disclosed earnings for the recent quarter, revealing a $0.37 earnings per share, slightly missing the consensus estimate of $0.39 by $0.02. The revenue for the quarter was $78.70 million, showcasing the firm's stable financial health despite the minor earnings miss. Analysts have provided varied insights, ranging from bullish to bearish, yet the overarching sentiment remains generally positive with a "Buy" rating for the stock.
In conclusion, MidCap Financial is poised for a significant period, with the ex-dividend date on Jun 10, 2025, marking the last opportunity for investors to purchase shares and benefit from the dividend payout. Any acquisitions made after this date will not qualify for the current dividend distribution.
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