Cash Dividend On The Way From Monroe Capital (MRCC)

Looking at the universe of stocks we cover at Dividend Channel, on 6/11/15, Monroe Capital Corporation (MRCC) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 6/30/15. As a percentage of MRCC's recent stock price of $15.05, this dividend works out to approximately 2.32%, so look for shares of Monroe Capital Corporation to trade 2.32% lower — all else being equal — when MRCC shares open for trading on 6/11/15.

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Below is a dividend history chart for MRCC, showing historical dividends prior to the most recent $0.35 declared by Monroe Capital Corporation:

MRCC+Dividend+History+Chart

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 9.30% 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 $12.48 per share, with $15.73 as the 52 week high point — that compares with a last trade of $15.05.

In Tuesday trading, Monroe Capital Corporation shares are currently up about 0.1% on the day.

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