SmarterDividends
MFIC

MidCap Financial Investment Corporation

MFIC

Financial Services · Stock · quarterly payer

Forward Yield

11.47%

Annual Dividend

$1.24

Payout Ratio

2417%

5-Yr Growth

-1.3%

Ex-Date

Jun 9, 2026

Frequency

Quarterly

MFIC Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage2417% of earnings paid out
Free-cash-flow coverage89% of free cash flow
Balance-sheet strengthDebt/equity of 1.59
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is MFIC a good dividend stock?

Mixed

MidCap Financial Investment Corporation (MFIC) pays a quarterly dividend yielding 11.47% ($1.24/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (2417%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    11.47%
    Payout Ratio
    2417%
    Annual Dividend
    $1.24
    5-Yr Avg Growth
    -1.3%
    Ex-Dividend Date
    Jun 9, 2026
    Years of Growth
    4
    Frequency
    quarterly
    Beta
    0.66
    Market Cap
    $890.4M
    P/E Ratio
    180.2
    5-Yr Total Return
    -21%
    52-Week Range
    $9.48 – $13.51
    Dividend Safety
    C · 55/100
    Ever Cut?
    Yes (2021)
    MFIC ex-dividend date & scheduleNext ex-date Jun 9, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.24 / yr per share

    Per payment (quarterly)$31.00
    Annual$124.00
    Monthly avg$10.33