MidCap Financial Q3 2020 Earnings Report
Key Takeaways
Apollo Investment Corporation reported a net investment income of $0.54 per share for the quarter ended December 31, 2019, compared to $0.53 per share for the quarter ended September 30, 2019. The Company’s net asset value (“NAV”) was $18.27 per share as of December 31, 2019, compared to $18.69 as of September 30, 2019.
Net investment income per share for the quarter was $0.54 compared to $0.53 for the quarter ended September 30, 2019
Net asset value per share as of the end of the quarter was $18.27 compared to $18.69 as of September 30, 2019, a decrease of 2.3%
Core assets increased to 88% of the portfolio and non-core and legacy assets decreased to 12% of the portfolio as of the end of the quarter
Repurchased 0.5 million shares of common stock for an aggregate cost of $7.8 million during the quarter