Medley Capital Corporation (MCC) Lowers Quarterly Dividend 18.9% to $0.30; Reports $30M Buyback

Medley Capital Corporation (NYSE: MCC) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is an 18.9% decrease from the prior dividend of $0.37.

The dividend will be payable on March 13, 2015, to stockholders of record on February 25, 2015, with an ex-dividend date of February 23, 2015.

The annual yield on the dividend is 13.2 percent.

In addition, the Company’s Board of Directors approved a $30 million share repurchase program.

For a dividend history and other dividend-related data on Medley Capital Corporation (MCC) click here.

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