Medley Capital Corp (NYSE:MCC) had declared a cash dividend of $0.2200 on Aug 9, 2016. The shares will quote ex-dividend on Aug 22, 2016 and the record date has been fixed for Aug 24, 2016. On Aug 9, 2016 share price, the yield comes out to be 12.1715%. The dividend payable date has been fixed on Sep 23, 2016.
Medley Capital Corp (MCC) made into the market gainers list on Wednesdays trading session with the shares advancing 0.93% or 0.07 points. Due to strong positive momentum, the stock ended at $7.57, which is also near the day’s high of $7.59. The stock began the session at $7.5 and the volume stood at 4,97,638 shares. The 52-week high of the shares is $8.77 and the 52 week low is $5.26. The company has a current market capitalization of $415 M and it has 5,47,63,411 shares in outstanding.
Medley Capital Corp(MCC) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $28.41M. Analysts had an estimated revenue of $30.15M. Earnings per share were $0.20. Analysts had estimated an EPS of $0.26.
Several Insider Transactions has been reported to the SEC. On Dec 15, 2015, Robert K Lyons (director) purchased 2,000 shares at $7.24 per share price.Also, On Jun 1, 2015, Brook Taube (CEO) purchased 25,000 shares at $9.39 per share price.On Jun 1, 2015, Seth Taube (director) purchased 25,000 shares at $9.37 per share price, according to the Form-4 filing with the securities and exchange commission.
Medley Capital Corporation is a non-diversified closed end management investment company. The Companys investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies through directly originated transactions to help these companies expand their business refinance and make acquisitions. The Companys investment portfolio consists of senior secured first lien loans and senior secured second lien loans. The Company invests in portfolio companies principally located in North America. The Companys investment activities are managed by the investment adviser MCC Advisors LLC.