Reminder - Medley Capital (MCC) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 8/25/14, Medley Capital Corporation ( MCC) will trade ex-dividend, for its quarterly dividend of $0.37, payable on 9/12/14. As a percentage of MCC's recent stock price of $12.98, this dividend works out to approximately 2.85%, so look for shares of Medley Capital Corporation to trade 2.85% lower — all else being equal — when MCC shares open for trading on 8/25/14.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for MCC, showing historical dividends prior to the most recent $0.37 declared by Medley 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 MCC is likely to continue, and whether the current estimated yield of 11.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MCC shares, versus its 200 day moving average:

Medley Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, MCC's low point in its 52 week range is $12.19 per share, with $14.80 as the 52 week high point — that compares with a last trade of $13.00.

According to the ETF Finder at ETF Channel, MCC makes up 3.77% of the BDC Income ETF ( BIZD) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Medley Capital Corporation shares are currently off about 2.3% on the day.

If you liked this article you might like

5 Stocks Insiders Love Right Now

C-Suite Sweet Spot: Insider Buying by CEO and CFO Is Worth Tracking

3 Hold-Rated Dividend Stocks: DKL, MCC, SSW

3 Hold-Rated Dividend Stocks: EVA, ABR, MCC

What To Hold: 3 Hold-Rated Dividend Stocks CLMS, MCC, AHGP