Exchange-traded note
Mount Logan Capital Inc. 8.00% Notes Due 2031 (MLCIL)
Mount Logan Capital Inc. 8.00% Notes Due 2031 trades as MLCIL on NASDAQ. This page collects what it has actually paid — every recorded payment, the calendar-year totals, the forward and trailing 12-month yields side by side against the last price, and the dates already declared.
Price as of Aug 25, 2026 (4 hours ago) · supplied by fmp. Quotes may be delayed. Verify with your broker before acting on anything here.
The two yields above are different measurements and are not interchangeable. The forward yield annualises the last regular payment; the trailing 12-month yield counts the cash actually paid over the last 365 days. Neither is an interest rate, a bond's yield to maturity or an index effective yield, and none of those may be compared with these as like for like. See how we compute these numbers.
Our stored payment history for MLCIL has no complete calendar year yet. There is no current run of increases to report: either the most recent complete calendar year did not pay more than the year before it, or there is no earlier complete year in our history to compare it with.
A yield is just a payment divided by a price, so it moves every day even when the payment does not. The forward number is an estimate of the next twelve months; the trailing number is what was actually paid over the last twelve. Ex-date is the cut-off: own the shares before it and the next payment is yours, buy on or after it and the seller keeps it.
What MLCIL is
MLCIL is debt, not equity. It is listed on this site as an exchange-traded note: a small-denomination piece of corporate borrowing, usually issued at a $25 face value and commonly called a baby bond, that trades on a stock exchange in the same way a share does. Holding it makes you a lender to the issuer, not an owner of it. It is deliberately kept out of the common-stock universe on this site and is never counted in it.
What it pays is contractual interest at a fixed coupon rate on the face value, not a dividend the board decides each period. That interest ranks ahead of every class of shares — the issuer cannot pay the preferred or the common until it has paid this — but it ranks behind bank lenders and secured debt, and these issues are usually unsecured. The coupon does not grow with the business. Most carry a call date, after which the issuer may redeem at par, and a stated maturity at which the principal is due, so the price tends to sit near par and a yield computed from the payment and the price is not the yield to maturity a holder would actually earn. Interest is taxed as ordinary income, not as qualified dividends. Read how corporate bonds work and what a call feature does.
Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.
Payment history
Each row is one payment as recorded by our data provider, newest first. The final column compares it with the nearest payment about a year earlier.
The table lists the 1 most recent recorded interest payment for MLCIL, newest first, with ex-dates running from Jul 15, 2026 to Jul 15, 2026. The latest is $0.5000 per share in USD, ex-date Jul 15, 2026, pay date Jul 30, 2026. None of them has a comparable payment within sixty days of the same point a year earlier, so the year-on-year column is blank throughout. None is flagged as a special or one-off payment. Payment records supplied by fmp.
How to read this table: one row is one payment, newest at the top, and the amount is what a single share received on that one date. It is not an annual figure — the yearly ones are in the tiles above and in the totals further down. A row marked Special is a one-off the issuer chose to make rather than part of the regular schedule, which is why it is left out of the year-on-year comparison and out of those yearly totals. Whether the amount repeats for several rows or moves every time is a fact about the structure rather than a sign of health: a company usually resets its dividend once a year, while a fund's distribution can change with every payment.
| Ex-dateOwn it before this day and this payment is yours. | Pay date | Amount per shareWhat one share received on that date, before tax. | Cadence tagged by provider | Type | vs. a year earlier |
|---|---|---|---|---|---|
| Jul 15, 2026 | Jul 30, 2026 | $0.5000 | Untagged | Regular | — |
The cadence column is the tag our provider attached to that individual payment (fmp), not the security's established schedule. The two can disagree, which is why the cadence shown in the tiles above is only accepted after three consecutive payments were tagged the same way.
A blank comparison means there was no comparable payment within sixty days of the same point a year earlier — a new payer, a changed cadence, or a gap in the record. Special and one-off payments are labelled and are excluded from the comparison.
Interest payments by calendar year
Calendar-year totals, bucketed by ex-interest date: every regular interest payment whose ex-interest date fell in that year, for the last ten complete years on record. These are amounts actually paid, never a forward estimate, and they are not the issuer's own annual interest payment figure.
Not enough payment history yet to build calendar-year totals for MLCIL.
Similar securities
The eight closest exchange-traded note entries by trailing 12-month yield, in the same sector. A research screen, not a recommendation.
These are not the best-paying securities of this kind, and no ranking is meant by the order. They are the ones whose trailing 12-month yield sits nearest to this one, in the same structure and usually the same sector, so that this security can be seen in company rather than on its own. Every figure here is backward-looking cash that has already been paid. A row that sits well away from the rest is a question to take to that security's own page, not an answer.
| Ticker | Name | Price | Trailing 12m yieldCash paid out over the last year, over today's price. | Paid over 12 months | Pays |
|---|---|---|---|---|---|
| RWAYI | Runway Growth Finance Corp. 7.25% Notes due 2031 | $24.82 | 4.16% | $1.03 | Quarterly |
| SFB | Stifel Financial Corporation 5.20% Senior Notes due 2047 | $19.68 | 6.61% | $1.30 | Quarterly |
| PFH | Prudential Financial, Inc. 4.125% Junior Subordinated Notes due 2060 | $15.39 | 6.70% | $1.03 | Quarterly |
| CGABL | The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 | $16.11 | 7.17% | $1.16 | Quarterly |
| GEGGL | Great Elm Group, Inc. 7.25% Notes due 2027 | $24.62 | 7.36% | $1.81 | Quarterly |
| BIPH | Brookfield Infrastructure Finance ULC 5 % Notes 2021-24.05.81 Global | $15.97 | 7.82% | $1.25 | Quarterly |
| OXLCG | Oxford Lane Capital Corp. 7.95% Notes due 2032 | $25.20 | 7.89% | $1.99 | Quarterly |
| GECCI | Great Elm Capital Corp. 8.50% Notes DUE 2029 | $25.35 | 8.38% | $2.12 | Quarterly |
Every row in this table is on the same basis — cash actually paid per share over the last 365 days, divided by that security's last price — so the column can be read down. Forward estimates are deliberately not used here, because they exist for some securities and not others and a mixed column would invite a comparison that does not hold. A dash means no payment was recorded in the last 365 days, or no price is on file. Open a security to see both of its yields.
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