MidCap Financial Investment: Uniquely Positioned To Capitalize On Interest Rate Cuts
MidCap Financial Investment (MFIC) Seeking Alpha·2024-09-14 02:40
malerapaso Overview When it comes to dividend investing, business development companies are the place to go when you're looking to collect a higher than normal dividend yield. MidCap Financial Investment (NASDAQ:MFIC) operates as a business development company that generates its earnings by making various forms of debt investments to middle market companies. I previously covered MFIC back in May and issued a buy rating. Unfortunately, the total return since then has been negative. While this can be attribut ...