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MSC Income Fund (MSIF) was founded in 2011 and is headquartered in Houston, TX

It is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies.

The fund seeks to invest in management buyouts, recapitalizations, growth financings, refinancing, and acquisitions of companies.

It invests in companies with revenue between $10 million and $150 million.

Three key data points gauge MSIF or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

MSIF Price

MSIF's share price rose 177% from $6.00 to $16.70 in the past year.

MSIF Dividends

MSC Income Fund has paid variable quarterly dividends since August 2023.

The current forward-looking annual dividend of $1.44 yields 8.62% per Wednesday’s $16.70 closing price.

MSIF Returns

Putting it all together, a $2.49 estimated gross gain per share shows up when adding the MSC Income Fund's annual $1.44 dividend to an estimated $1.05 annual price gain (the median of annual target estimates by 6 analysts ). 

That estimated one-year target gain, plus the dividend, composes the $2.49 gross gain.

A little over $1000 invested at the recent $16.70 share price would buy 60 shares which, multiply the $2.49 gross gain estimate up to $149.10

Furthermore, about 58% of that $149.00 gain comes from the $86.20 in annual dividends generated from a $1,000 investment.

Besides, the $86.20 annual dividend amounts to over 5 times more than the recent $16.70 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on MSC Income Fund and its 8.62% dividend yield along with its 3-year dividend record.

The exact track of MSC’s future share price and dividends will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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