MSC Income Fund Announces Second Quarter Regular Quarterly Dividend and Supplemental Quarterly Dividend

Rhea-AI Summary

MSC Income Fund (NYSE: MSIF) has declared two dividends for the second quarter of 2025: a regular quarterly cash dividend of $0.35 per share and a supplemental quarterly cash dividend of $0.01 per share, both payable in May 2025.

These represent the company's first dividend declarations since its NYSE listing on January 29, 2025. The supplemental dividend will be paid from undistributed taxable income as of December 31, 2024.

The final tax attributes for 2025 dividends are expected to include ordinary taxable income, qualified dividends, and potentially capital gains and return of capital. The company maintains a dividend reinvestment plan (DRIP) allowing stockholders to automatically reinvest cash distributions into additional shares unless they opt out.

Positive

• First dividend declaration post-NYSE listing
• Additional supplemental dividend of $0.01 on top of regular dividend
• Dividend reinvestment option available through DRIP

Negative

• None.

Regular Quarterly Dividend of $0.35 per Share and Supplemental Quarterly Dividend of $0.01 per Share Payable May 1, 2025

HOUSTON, March 7, 2025 /PRNewswire/ -- MSC Income Fund, Inc. (NYSE: MSIF) (the "Company") is pleased to announce that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share for the second quarter of 2025 payable in May 2025.

Second Quarter 2025 Regular Quarterly Dividend

Declared	Record Date	Payment Date	Amount Per Share
3/6/2025	3/31/2025	5/1/2025	$0.35

In addition to the regular quarterly dividend for the second quarter of 2025, the Board of Directors declared a supplemental quarterly cash dividend of $0.01 per share payable in May 2025. This supplemental cash dividend will be paid out of the Company's undistributed taxable income (taxable income in excess of dividends paid) as of December 31, 2024.

Supplemental Quarterly Cash Dividend Payable in May 2025

Declared	Record Date	Payment Date	Amount Per Share
3/6/2025	3/31/2025	5/1/2025	$0.01

The second quarter regular quarterly cash dividend and the supplemental quarterly cash dividend represent the Company's first dividends declared subsequent to the Company's listing on the New York Stock Exchange on January 29, 2025.

The final determination of the tax attributes for dividends each year are made after the close of the tax year. The final tax attributes for 2025 dividends are currently expected to include a combination of ordinary taxable income and qualified dividends and may include capital gains and return of capital.

The Company maintains a dividend reinvestment plan (the "DRIP") which provides for the reinvestment of dividends on behalf of its registered stockholders that have elected to participate in the DRIP.  Under the DRIP, if the Company declares a cash distribution to its stockholders, the amount of such distribution will be automatically reinvested in additional shares of the Company's common stock unless a stockholder specifically "opts out" of the DRIP. If a stockholder opts out, that stockholder will receive cash distributions. 

ABOUT MSC INCOME FUND, INC.

The Company (www.mscincomefund.com) is a principal investment firm that primarily provides debt capital to private companies owned by or in the process of being acquired by a private equity fund. The Company's portfolio investments are typically made to support leveraged buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The Company seeks to partner with private equity fund sponsors and primarily invests in secured debt investments within its private loan investment strategy. The Company also maintains a portfolio of customized long-term debt and equity investments in lower middle market companies, and through those investments, the Company has partnered with entrepreneurs, business owners and management teams in co-investments with Main Street Capital Corporation (NYSE: MAIN) ("Main Street") utilizing the customized "one-stop" debt and equity financing solution provided in Main Street's lower middle market investment strategy. The Company's private loan portfolio companies generally have annual revenues between $25 million and $500 million. The Company's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million.

ABOUT MSC ADVISER I, LLC

MSC Adviser I, LLC ("MSCA") is a wholly owned subsidiary of Main Street that is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.  MSCA serves as the investment adviser and administrator of the Company in addition to several other advisory clients.

FORWARD-LOOKING STATEMENTS

This press release may contain certain forward-looking statements, including but not limited to the continued payment of future dividends and the potential tax attributes for 2025 dividends.  Any such statements other than statements of historical fact are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company's control, and that the Company may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance.  Actual performance and results could vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in the Company's filings with the U.S. Securities and Exchange Commission.  Such statements speak only as of the time when made and are based on information available to the Company as of the date hereof and are qualified in their entirety by this cautionary statement.  The Company assumes no obligation to revise or update any such statement now or in the future.

Contacts:
MSC Income Fund, Inc.
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Cory E. Gilbert, CFO, cgilbert@mainstcapital.com  
713-350-6000

Dennard Lascar Investor Relations
Ken Dennard / ken@dennardlascar.com
Zach Vaughan / zvaughan@dennardlascar.com
713-529-6600

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SOURCE MSC Income Fund, Inc.

FAQ

What is the total dividend amount declared by MSIF for Q2 2025?

MSIF declared a total dividend of $0.36 per share, consisting of a $0.35 regular quarterly dividend and a $0.01 supplemental dividend.

When will MSIF pay its Q2 2025 dividends?

Both the regular and supplemental dividends will be payable in May 2025.

How does MSIF's dividend reinvestment plan (DRIP) work?

Under DRIP, cash distributions are automatically reinvested in additional MSIF shares unless stockholders specifically opt out to receive cash.

When did MSIF list on the NYSE?

MSIF listed on the New York Stock Exchange on January 29, 2025.