MVC Capital Inc. (MVC) to Issue $0.14 Dividend
MVC Capital Inc. (NYSE:MVC) announced a dividend on Friday, October 14th. Shareholders of record on Monday, October 24th will be paid a dividend of 0.135 per share by the investment management company on Monday, October 31st. The ex-dividend date is Thursday, October 20th.
Shares of MVC Capital (NYSE:MVC) traded up 0.92% during midday trading on Friday, reaching $8.76. 1,192 shares of the company’s stock traded hands. MVC Capital has a 12 month low of $6.76 and a 12 month high of $8.97. The stock has a 50-day moving average price of $8.26 and a 200 day moving average price of $7.96.
Separately, TheStreet raised shares of MVC Capital from a “sell” rating to a “hold” rating in a research report on Thursday, September 8th.
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MVC Capital Company Profile
MVC Capital, Inc (MVC Capital) is a non-diversified closed-end management investment company. MVC Financial Services, Inc (MVCFS), a subsidiary of the Company, provides services to the Company and its portfolio companies. The Company’s segments include MVC and MVCFS. The Company’s segments are its investing operations as a business development company, MVC Capital, which includes MVC Cayman and MVC Turf, LLC (MVC Turf), and MVCFS provides advisory, administrative and other services.
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