Medley Capital (NYSE:MCC) issued its quarterly earnings results on Tuesday. The investment management company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.07), Bloomberg Earnings reports. Medley Capital had a positive return on equity of 5.03% and a negative net margin of 134.96%.
Shares of MCC opened at $3.32 on Wednesday. The firm has a market cap of $189.57 million, a PE ratio of 4.96 and a beta of 1.03. The company has a debt-to-equity ratio of 1.21, a quick ratio of 11.00 and a current ratio of 11.00. Medley Capital has a 1-year low of $3.29 and a 1-year high of $5.79.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Wednesday, December 5th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.05%. The ex-dividend date of this dividend is Tuesday, December 4th. Medley Capital’s dividend payout ratio (DPR) is presently 59.70%.
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Medley Capital Company Profile
Medley Capital Corporation is a business development company. The fund seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.
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