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Monroe Capital Corp (NASDAQ:MRCC) declared a quarterly dividend on Wednesday, August 27th, Stock Ratings Network.com reports. Shareholders of record on Monday, September 15th will be given a dividend of 0.34 per share on Tuesday, September 30th. This represents a $1.36 dividend on an annualized basis and a yield of 9.86%.

A number of analysts have recently weighed in on MRCC shares. Analysts at National Securities upgraded shares of Monroe Capital Corp to a “buy” rating in a research note on Tuesday, July 1st. Analysts at Robert W. Baird downgraded shares of Monroe Capital Corp from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 4th. They now have a $14.00 price target on the stock. They noted that the move was a valuation call.

Shares of Monroe Capital Corp (NASDAQ:MRCC) opened at 13.79 on Wednesday. Monroe Capital Corp has a 52-week low of $11.05 and a 52-week high of $15.26. The stock’s 50-day moving average is $13.50 and its 200-day moving average is $13.38.

Monroe Capital Corp (NASDAQ:MRCC) last announced its earnings results on Monday, August 11th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.04. Analysts expect that Monroe Capital Corp will post $1.41 EPS for the current fiscal year.

Monroe Capital Corporation is an externally managed, closed-end, non-diversified management investment company.

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