Cash Dividend On The Way From Medley Capital (MCC)

Looking at the universe of stocks we cover at Dividend Channel, on 11/21/16, Medley Capital Corporation (MCC) will trade ex-dividend, for its quarterly dividend of $0.22, payable on 12/23/16. As a percentage of MCC's recent stock price of $7.88, this dividend works out to approximately 2.79%, so look for shares of Medley Capital Corporation to trade 2.79% lower — all else being equal — when MCC shares open for trading on 11/21/16.

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Below is a dividend history chart for MCC, showing historical dividends prior to the most recent $0.22 declared by Medley Capital Corporation:

MCC+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 MCC is likely to continue, and whether the current estimated yield of 11.17% 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 $5.26 per share, with $8.10 as the 52 week high point — that compares with a last trade of $7.88.

According to the ETF Finder at ETF Channel, MCC makes up 1.95% of the BDC Income ETF ( BIZD) which is trading up by about 0.7% on the day Thursday.

In Thursday trading, Medley Capital Corporation shares are currently up about 0.4% on the day.

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