|Bid||9.30 x 800|
|Ask||9.32 x 1000|
|Day's Range||9.26 - 9.39|
|52 Week Range||9.25 - 10.97|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||11.10|
|Earnings Date||Jun 6, 2018 - Jun 11, 2018|
|Forward Dividend & Yield||0.60 (6.32%)|
|1y Target Est||12.00|
MVC Capital, Inc. (MVC), a publicly traded business development company that makes private debt and equity investments, announced today that its board of directors declared a regular dividend of $0.15 per share. The dividend is payable on October 31, 2018 to shareholders of record on October 25, 2018. The distribution represents the fifty-fourth consecutive quarterly dividend paid by the Company since implementing a dividend policy in July of 2005.
In addition, the Board directed the Company to pursue an additional $5 million in stock repurchases in the open market in 2019, using a portion of the proceeds of equity monetizations and subject to MVC’s common stock continuing to trade at a significant discount to NAV. Open market repurchases would be made pursuant to the Company’s unlimited stock repurchase program adopted in 2013.
PURCHASE, N.Y., Sept. 10, 2018-- MVC Capital, Inc., a publicly traded business development company that makes private debt and equity investments, announced its financial results for the fiscal third quarter ...
MVC Capital, Inc. (MVC) ("MVC" or the "Fund") announced today the completed sale of Centile Holdings B.V. (“Centile”), a leading European developer of unified communications and fixed-mobile convergence platforms for operators and integrators, to VOIP Holdings GmbH. As a result of the sale, MVC received cash proceeds of approximately $5.8 million at closing.
The Purchase, New York-based company said it had a loss of 18 cents per share. Earnings, adjusted for non-recurring costs, were 6 cents per share. The business development company posted revenue of $5.5 ...
On a per-share basis, the Purchase, New York-based company said it had net income of 5 cents. Losses, adjusted for investment gains, came to 12 cents per share. The business development company posted ...
Pricing MVC, a financial stock, can be difficult since these capital market businesses have cash flows that are affected by regulations that are not imposed upon other sectors. Maintaining aRead More...
The Purchase, New York-based company said it had a loss of 17 cents per share. Earnings, adjusted for non-recurring costs, were 9 cents per share. The business development company posted revenue of $5.5 ...
MVC Capital Inc (NYSE:MVC) is trading with a trailing P/E of 6.6x, which is lower than the industry average of 16.5x. While this makes MVC appear like a great stockRead More...
At the MVC Capital Inc. (MVC) annual general meeting on October 31, 2017 Metage Capital put forward a proposal for consideration. The Board should be aware that independent shareholders do not support MVC's current strategy. Metage continues to believe that the Company's approach is unlikely to be successful in addressing the discount between MVC's net asset value and share price.