MidCap Financial is transitioning leadership, with Josh Groman becoming CEO and Randy Feldner becoming CFO on January 1, 2026, while current executives Steve Curwin and David Moore will remain as Co-Executive Chairman and Vice Chairman, respectively.

Urgently, a leading provider of digital roadside and mobility assistance technology, has announced a new $20 million credit facility with MidCap Financial and the repayment of existing debt. This will support Urgently's transformation of the legacy roadside assistance market and development of new connected mobility services.

The article discusses 4 stocks under $20 with high dividend yields between 7% and 15.1%. The stocks are Guess? (GES), MidCap Financial Investment Corp. (MFIC), BGS Foods (BGS), and Armour Residential (ARR).

Traction reported a Q3 2024 net profit of 11 million SEK, with active listed holdings contributing a loss of 42 million SEK, unlisted holdings contributing a gain of 15 million SEK, and financial investments contributing a gain of 40 million SEK. For the first nine months of 2024, Traction's net profit was 354 million SEK, with active listed holdings contributing 51 million SEK, unlisted holdings contributing 67 million SEK, and financial investments contributing 243 million SEK.

Midcap Financial (MFIC) receives AIF and AFT Funds' stockholders' approval for the proposed merger. The transaction is likely to be accretive to return on equity and net investment income per share.

NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced that both CEFs received stockholder approval of the necessary proposals related to their previously announced mergers with and into MidCap Financial Investment Corporation (NASDAQ: MFIC) at the AFT and AIF special meetings of stockholders reconvened on June 21, 2024. Approximately 88% of AFT’s common shares represented at its special meeting (excluding votes abstained or withheld), or approximately 53% of AFT’s common shares outstanding, voted in favor of the proposal, satisfying AFT’s stockholder approval requirement. Approximately 87% of AIF’s common shares represented at its special meeting (excluding votes abstained or withheld), or approximately 53% of AIF’s common shares outstanding, voted in favor of the proposal, satisfying AIF’s stockholder approval requirement.

Ares Capital's dividend sustainability remains one of the highest in the sector. Check out why ARCC stock is a safe investment with decent value.

Stockholders of AFT and AIF Who Have Voted Thus Far Have Strongly Supported the Merger Proposals

The headline numbers for MidCap Financial (MFIC) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Results for the Quarter Ended March 31, 2024 and Other Recent Highlights:

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC) (the “Company”) announced today that it will report results for the quarter ended March 31, 2024, after market close on Tuesday, May 7, 2024.

Record Dates Set and Special Meetings of Stockholders Scheduled