Dividend Coverage: $0.14 just might be within reach for MVC Capital, Inc. (NYSE:MVC) shareholder.

Dividend Coverage: $0.14 just might be within reach for MVC Capital, Inc. (NYSE:MVC) shareholder.

MVC Capital, Inc. (NYSE:MVC) is expected to pay $0.14 on Oct 31, 2016. The indicated annual dividend is $0.54. Shareholders owning the stock before Oct 20, 2016 will be eligible to receive the payout. Based on MVC Capital, Inc.’s current price of $8.53, the dividend is 1.58%. This dividend’s record date is Oct 24, 2016 and the announcement date is Oct 14, 2016. The stock increased 1.07% or $0.09 on October 18, hitting $8.53. MVC Capital, Inc. (NYSE:MVC) has risen 17.98% since March 16, 2016 and is uptrending. It has outperformed by 12.44% the S&P500.

MVC Capital, Inc. is a non-diversified closed-end management investment company. The company has a market cap of $190.94 million. MVC Financial Services, Inc. (MVCFS), a subsidiary of the Company, provides services to the Company and its portfolio companies. It currently has negative earnings. The Company’s divisions include MVC and MVCFS.

Insitutional Activity: The institutional sentiment decreased to 0.7 in 2016 Q2. Its down 0.09, from 0.79 in 2016Q1. The ratio is negative, as 10 funds sold all MVC Capital, Inc. shares owned while 13 reduced positions. 7 funds bought stakes while 9 increased positions. They now own 9.48 million shares or 1.58% less from 9.63 million shares in 2016Q1.
Citigroup owns 9,731 shares or 0% of their US portfolio. California Pub Employees Retirement Systems, a California-based fund reported 48,900 shares. Jpmorgan Chase owns 11,342 shares or 0% of their US portfolio. Punch & Assoc Inv Management Inc holds 0.17% of its portfolio in MVC Capital, Inc. (NYSE:MVC) for 184,564 shares. West Family Investments reported 995,423 shares or 1.46% of all its holdings. Thomas J Herzfeld Advisors has 0.01% invested in the company for 2,018 shares. Wells Fargo & Com Mn reported 35,790 shares or 0% of all its holdings. Hodges Cap Mngmt Inc, a Texas-based fund reported 10,000 shares. Lmm Limited Liability holds 0.05% of its portfolio in MVC Capital, Inc. (NYSE:MVC) for 142,600 shares. Saba Mgmt Lp last reported 0.01% of its portfolio in the stock. Gamco Incorporated Et Al has 0% invested in the company for 69,200 shares. City Of London Inv Communications Ltd last reported 0.05% of its portfolio in the stock. Bb&T Secs Limited Liability holds 0% of its portfolio in MVC Capital, Inc. (NYSE:MVC) for 15,951 shares. The Ontario – Canada-based Manufacturers Life The has invested 0% in MVC Capital, Inc. (NYSE:MVC). Teton accumulated 0.08% or 109,000 shares.

More notable recent MVC Capital, Inc. (NYSE:MVC) news were published by: Marketwatch.com which released: “MVC Capital Inc.” on June 07, 2011, also Twst.com with their article: “MVC Capital Inc.: Financial” published on September 30, 2016, Reuters.com published: “BRIEF-Mvc capital inc – files for a non-timely 10-q – sec filing” on June 10, 2016. More interesting news about MVC Capital, Inc. (NYSE:MVC) were released by: Twst.com and their article: “MVC Capital Inc.: MVC Capital to Host Strategy Update Call” published on September 19, 2016 as well as Seekingalpha.com‘s news article titled: “Equus Total Return Is Still Being Left In Limbo By MVC Capital” with publication date: July 29, 2016.

MVC Company Profile

MVC Capital, Inc. (MVC Capital), incorporated on December 2, 1999, is a non-diversified closed-end management investment company. MVC Financial Services, Inc. (MVCFS), a subsidiary of the Company, provides services to the Company and its portfolio companies. The Company’s divisions include MVC and MVCFS. The Company’s divisions are its investing activities as a business development company, MVC Capital, which includes MVC Cayman and MVC Turf, LLC (MVC Turf), and MVCFS provides advisory, administrative and other services. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income, though its focus is on yield generating investments. The Firm seeks to achieve its investment objective by providing debt and equity financing to companies that are for the part, privately owned (Portfolio Companies). The Company’s investments in Portfolio Companies consist principally of senior and subordinated loans, venture capital, mezzanine and preferred instruments and private equity investments. The Firm may also seek to achieve its investment objective by establishing a subsidiary or subsidiaries that would serve as general partner to a private equity or other investment fund(s).

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