MVC Capital Inc. (NYSE:MVC) Director Robert C. Knapp bought 20,000 shares of the business’s stock in a transaction on Wednesday, October 12th. The stock was purchased at an average price of $8.71 per share, for a total transaction of $174,200.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of MVC Capital Inc. (NYSE:MVC) opened at 8.56 on Monday. The company’s 50 day moving average is $8.27 and its 200-day moving average is $7.97. MVC Capital Inc. has a one year low of $6.76 and a one year high of $8.88.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Monday, October 24th will be given a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date of this dividend is Thursday, October 20th. MVC Capital’s dividend payout ratio is -269.99%.
Separately, TheStreet upgraded shares of MVC Capital from a “sell” rating to a “hold” rating in a report on Thursday, September 8th.
MVC Capital Company Profile