Quarterly report pursuant to Section 13 or 15(d)

DIVIDEND REINVESTMENT PLAN

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DIVIDEND REINVESTMENT PLAN
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
DIVIDEND REINVESTMENT PLAN DIVIDEND REINVESTMENT PLAN
MSC Income Fund’s dividend reinvestment plan (the “DRIP”) provides for the reinvestment of dividends on behalf of stockholders. As a result, if MSC Income Fund declares a cash dividend, stockholders who have “opted in” to the DRIP will have their cash dividend automatically reinvested into additional shares of MSC Income Fund common stock. The number of shares of common stock to be issued to a stockholder under the DRIP shall be determined by dividing the total dollar amount of the distribution payable to such stockholder by a price per share of common stock determined by MSC Income Fund’s Board of Directors or a committee thereof, in its sole discretion, that is (i) not less than the NAV per share of common stock determined in good faith by the Board of Directors or a committee thereof, in its sole discretion, within 48 hours prior to the payment of the distribution and (ii) not more than 2.5% greater than the NAV per share as of such date.
Summarized DRIP information for the six months ended June 30, 2023 and 2022 is as follows:
Six Months Ended June 30,
2023 2022
(dollars in thousands)
DRIP participation $ 9,174  $ 8,825 
Shares issued for DRIP 1,172,995 1,115,515