Ex-Div Reminder for Monroe Capital (MRCC)

By Dividend Channel Staff, Friday, June 11, 10:11 AM ET

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On 6/15/21, Monroe Capital Corporation (NASDAQ:MRCC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 6/30/21. As a percentage of MRCC's recent stock price of $11.30, this dividend works out to approximately 2.21%, so look for shares of Monroe Capital Corporation to trade 2.21% lower — all else being equal — when MRCC shares open for trading on 6/15/21.

Below is a dividend history chart for MRCC, showing historical dividends prior to the most recent $0.25 declared by Monroe Capital Corporation:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MRCC is likely to continue, and whether the current estimated yield of 8.85% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MRCC shares, versus its 200 day moving average:

Monroe Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, MRCC's low point in its 52 week range is $6.07 per share, with $11.71 as the 52 week high point — that compares with a last trade of $11.34.

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In Friday trading, Monroe Capital Corporation shares are currently trading flat on the day.

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Ex-Div Reminder for Monroe Capital (MRCC)

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