Monroe Capital (MRCC) Declares $0.35 Quarterly Dividend; 8.8% Yield
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Monroe Capital Corporation Announces Third Quarter Distribution of $0.35 Per Share
August 30, 2016 4:05 PM EDTCHICAGO, Aug. 30, 2016 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (the Company) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.35 per share for the third quarter of 2016, payable on September 30, 2016 to stockholders of record as of September 15, 2016. The Company has adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. As a result, when the Company declares a cash distribution, stockholders who have not opted out of the dividend... More
