Home There You Go: This update made Medley Capital Corporation (NYSE: MCC) stock...

There You Go: This update made Medley Capital Corporation (NYSE: MCC) stock fall in the after-hours session

Medley Capital Corporation (NYSE: MCC) dipped in the after-hours period as the financial reports for the quarter ended September 30, 2020, were released today by the Company.

During the quarter, ended September 30, 2020, the Company had a net investment loss of $0.32 per share and a net income of $0.47 per share, calculated based on the weighted average number of shares outstanding.

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The Corporation announced a net investment loss per share and a net loss per share of $(1.00) and $(24.16) for the year ended September 30, 2020, measured based on the weighted average shares outstanding.

For the quarter, ended September 30, 2020, total investment income was approximately $4.4 million and consisted of $2.8 million of portfolio interest income, $1.5 million of dividend income, and $0.1 million of fee income.

Investment income was approximately $21.5 million for the year ended September 30, 2020, consisting of $14.2 million of portfolio interest income, $6.3 million of dividend income, $0.3 million in interest on cash and cash equivalents $0.7 million in fee income.

The board of directors, meanwhile, did not announce a dividend this year.

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