Medley Management Inc. Class A (NYSE:MDLY)
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- jan2138: @yieldhogs $MCC reported. I will comment after I have a chance to take a look at the report. There is a headline that reads MCC cuts its dividend from .20 to .16. That is incorrect. The dividend has been .16 for 3 quarters. There is a Medley Management Co., $MDLY, which has a .20 dividend. These 2 get mixed up quite frequently. The $MCC shares are off over 3%, and I suspect the cause is the erroneous headline.
- jan2138: @jan2138 $MCC My post on the 14th was incorrect as the news had made a mistake on the symbol. $MCC did not increase their dividend to .20. They had already declared a .16 dividend, ex date 11/21/17, pay date 12/22/17. The .20 dividend announcement was for Medley Mgt. Corp, $MDLY. I hope no one had a problem because of the error. Thanks.
|Stock Price||$USD 6.71|
Medley Management Inc is an asset management company providing its services mainly to retail and institutional investors. It provides credit-focused investment strategies through various funds and products that meet the needs of a wide range of retail and institutional investors. The company manages two permanent capital vehicles, both of which are business development companies, as well as long-dated private funds and separately managed accounts. The company focuses on credit-related investment strategies originating senior secured loans to private middle-market companies in the United States. The company recognizes most of its revenues through management fees.Request Video of MDLY
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