earnings
confidence high
sentiment positive
materiality 0.65
Apollo Investment Q3 NII $0.35, NAV $16.08; declares $0.31 regular + $0.05 supplemental distribution
MidCap Financial Investment Corp
- Net investment income per share $0.35 ($22.5M total), up from $0.33 prior quarter; NAV per share $16.08 vs $16.07.
- Board declared a regular distribution of $0.31/share and supplemental $0.05/share, payable April 7 to holders of record March 21.
- Board authorized a new $25 million stock repurchase plan; $30.8M total available for buybacks.
- New investment commitments of $271M; gross fundings $335M; net repayments of $23M during the quarter.
- Net leverage at 1.52x; 99% floating-rate debt portfolio; weighted average yield on total debt portfolio 7.9%.