MVC Capital, Inc. (NYSE:MVC) was upgraded by equities researchers at TheStreet from a “c” rating to a “b-” rating in a report released on Monday.

MVC Capital (NYSE:MVC) traded up 0.11% during trading on Monday, reaching $9.05. The company had a trading volume of 10,112 shares. MVC Capital has a 12 month low of $7.12 and a 12 month high of $9.05. The stock has a 50 day moving average price of $8.87 and a 200 day moving average price of $8.66.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 28th. Investors of record on Monday, April 24th will be given a dividend of $0.135 per share. The ex-dividend date of this dividend is Thursday, April 20th. This represents a $0.54 dividend on an annualized basis and a yield of 5.97%. MVC Capital’s payout ratio is 450.04%.

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MVC Capital Company Profile

MVC Capital, Inc is a non-diversified closed-end management investment company. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income. The Company’s segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc (MVCFS).

5 Day Chart for NYSE:MVC

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