dividend
confidence high
sentiment neutral
materiality 0.40
MSC Income Fund declares $0.175 quarterly dividend; share repurchase offer for 90% of DRIP proceeds
MSC INCOME FUND, INC.
- Quarterly cash dividend of $0.175 per share payable Nov 1, 2023, record date Sep 29, 2023.
- Board approved repurchase offer for 90% of shares issued in lieu of cash distributions from the Nov 1 dividend to DRIP participants.
- Annual meeting results: all four director nominees elected with 26.5-26.6M votes; Grant Thornton LLP ratified as auditor.
- Dividend tax attributes for 2023 expected to include ordinary income, qualified dividends, and possibly capital gains and return of capital.