MSC Income Fund to Issue Monthly Dividend of $0.11 (NYSE:MSIF)

Key Points

• MSC Income Fund declared a monthly dividend of $0.11 per share for shareholders of record on September 16, payable September 23, representing an annualized yield of about 10.1%.
• The stock was trading near $13.02 with a market cap of roughly $613.7 million and a one‑year range of $11.78–$18.09, while showing a deeply negative reported P/E (‑3,945.44).
• Analysts have a consensus rating of Hold with a $15 consensus price target after recent mixed guidance and target cuts from some firms.

MSC Income Fund (NYSE:MSIF - Get Free Report) announced a monthly dividend on Wednesday, May 6th. Investors of record on Wednesday, September 16th will be paid a dividend of 0.11 per share on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a yield of 10.1%. The ex-dividend date of this dividend is Wednesday, September 16th.

MSC Income Fund Stock Performance

MSC Income Fund stock traded up $0.02 during trading hours on Thursday, hitting $13.02. The company had a trading volume of 352,384 shares, compared to its average volume of 342,725. The company has a market cap of $613.69 million and a price-to-earnings ratio of -3,945.44. The business's 50-day simple moving average is $12.68. MSC Income Fund has a 1 year low of $11.78 and a 1 year high of $18.09.

MSC Income Fund (NYSE:MSIF - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $52.10 million for the quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MSIF shares. UBS Group dropped their price target on MSC Income Fund from $14.50 to $14.00 and set a "neutral" rating on the stock in a research report on Friday, March 13th. Truist Financial cut their target price on shares of MSC Income Fund from $17.00 to $16.00 and set a "buy" rating on the stock in a research report on Wednesday, March 4th. Finally, Lucid Cap Mkts upgraded shares of MSC Income Fund to a "hold" rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $15.00.

MSC Income Fund NYSE: MSIF is a publicly traded investment company listed on the New York Stock Exchange that aims to provide shareholders with current income and the potential for capital appreciation through a diversified portfolio of income-producing assets. The fund offers investors a single vehicle to gain exposure to a variety of yield-generating securities managed under a unified investment strategy.

The fund’s portfolio strategy emphasizes a broad approach to income generation, with allocations that can include fixed-income instruments and other income-oriented securities.

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