MVC Capital, Inc.(NYSE:MVC) dropped from Russell 2000 Index
Jun 30 14
MVC Capital, Inc. will be removed from the Russell 2000 Index.
MVC Capital, Inc.(NYSE:MVC) dropped from Russell 3000 Index
Jun 30 14
MVC Capital, Inc. will be removed from the Russell 3000 Index.
MVC Capital, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended April 30, 2014
Jun 6 14
MVC Capital, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended April 30, 2014. For the six months. total interest income was $5,291,291 against $3,913,439 a year ago. Total operating income was $10,475,609 against $13,048,917 a year ago. Net operating income before taxes was $3,048,709 against $2,176,217 a year ago. Net operating income was $3,047,832 against $2,174,417 a year ago. Net realized and unrealized loss on investments was $19,546,629 against gain of $12,593,225 a year ago. The decrease in operating income over the same period last year was primarily due to a reduction in dividend income from portfolio companies, specifically U.S. Gas & Electric (USG&E), from which MVC did not receive a quarterly dividend in the second fiscal quarter 2014. The decrease in operating income was partially offset by an increase in interest income from portfolio companies as the company continued to focus on yielding investments.
For the quarter, total operating income was $5,863,000 against $4,613,000 a year ago. Net operating income before net realized and unrealized gains was $4,757,000 against loss of $1,709,000 a year ago.
MVC Capital, Inc. Declares Second Quarter Dividend Payable on April 30, 2014
Apr 14 14
MVC Capital, Inc. announced that its board of directors has declared a dividend of $0.135 per share to be distributed to shareholders for the second quarter of fiscal 2014. The dividend is payable on April 30, 2014 to shareholders of record on April 24, 2014.
MVC Capital, Inc. Presents at Third Annual Marcum MicroCap Conference, May-29-2014 09:30 AM
Apr 4 14
MVC Capital, Inc. Presents at Third Annual Marcum MicroCap Conference, May-29-2014 09:30 AM. Venue: Grand Hyatt New York, 109 East 42nd Street, New York, NY 10017, United States.