MidCap Financial Q2 NII $0.35/sh; raises quarterly base dividend to $0.37/sh

MidCap Financial Investment Corp

Net investment income $22.6M ($0.35/sh) vs $0.37/sh in prior quarter.
Net asset value per share $15.45, down 0.5% from $15.52 at June 30.
Quarterly base dividend increased to $0.37/sh from $0.35/sh, payable Jan 5, 2023.
Net leverage reduced to 1.42x from 1.58x; 99% floating-rate portfolio yields 9.6% on first-lien debt.
Fiscal year end changed from March 31 to December 31, effective Dec 31, 2022.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MidCap Financial Investment Corp reported the quarter ended September 30, 2022 results: net income $22.6 million, EPS $0.35.

Period: the quarter ended September 30, 2022
Net income: $22.6 million
EPS: $0.35
Result: reported results

Exact text from the filing

MidCap Financial Investment Corporation (NASDAQ: MFIC) or the “Company,” today announced financial results for its second fiscal quarter ended September 30, 2022. The Company’s net investment income was $0.35 per share for the quarter ended September 30, 2022, compared to $0.37 per share for the quarter ended June 30, 2022.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

MidCap Financial Investment Corp: Company changed fiscal year end from March 31 to December 31, effective December 31, 2022 (effective 2022-12-31).

Change: fiscal year change
Effective: 2022-12-31

Exact text from the filing

On November 3, 2022, the Board of Directors of the Company changed the Company’s fiscal year end from March 31 to December 31, effective December 31, 2022.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

MidCap Financial Investment Corp filing history →

Source: SEC EDGAR

accession 0001193125-22-276905

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.