MidCap Financial Investment Corp (NAS:MFIC)
$ 15.02 -0.07 (-0.46%) Market Cap: 980.10 Mil Enterprise Value: 2.34 Bil PE Ratio: 8.58 PB Ratio: 0.97 GF Score: 62/100
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Q4 2023 MidCap Financial Investment Corp Earnings Call Transcript

May 03, 2023 / 12:30PM GMT
Release Date Price: $11.27 (+0.99%)
Operator

(technical difficulty) MFIC or the BDC, and we will use MidCap Financial refer to the lender headquartered in Tanner Maryland.

At this time, I'd like to turn the call over to our Chief Executive Officer, manner Powell.

Tanner Powell
MidCap Financial Investment Corporation - CEO

Thank you, Elizabeth. Good morning, everyone, and thank you for joining us today. I will begin today's call by highlighting our results for the quarter, and we'll then provide thoughts on the current environment. Following my remarks, Ted will review our investment activity and provide an update on credit quality. Lastly, Greg will review our financial results in detail. We will then open the call to questions. Beginning with our financial results after market close yesterday, we reported a strong March quarter with net investment income per share of $0.45, well above the current $0.38 dividend benefiting from the positive impact of higher base rates, strong fee and prepayment income as well as our new fee structure, which became effective during the quarter. As a reminder, fee

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