Medley Capital (MCC) Declares $0.10 Quarterly Dividend; 9.2% Yield

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Go back to Medley Capital (MCC) Declares $0.10 Quarterly Dividend; 9.2% Yield

Medley Capital Corporation Announces March 31, 2018 Financial Results; Board Declares Dividend of $0.10 Per Share for the Fiscal Second Quarter of 2018

May 9, 2018 6:17 AM EDT

NEW YORK, NY (May 9, 2018) - Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the "Company") today announced financial results for its fiscal second quarter ended March 31, 2018.

Second Quarter Highlights

·         Net asset value ("NAV") of $7.02 per share
·         Declared a dividend of $0.10 per share
·         Net investment income of $0.07 per share
·         Base management fees waived by $380,000 during the quarter related to legacy asset disposition
·         Redeemed $13.0 million in aggregate principal amount of unsecured notes due 2023 (the "2023 Notes")

Post Quarter-End Highlights

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