ArrowMark Financial Corp. (NASDAQ:BANX - Get Free Report) announced a quarterly dividend on Friday, June 13th, RTT News reports. Shareholders of record on Monday, June 23rd will be paid a dividend of 0.45 per share by the investment management company on Friday, June 27th. This represents a $1.80 annualized dividend and a yield of 8.56%. The ex-dividend date of this dividend is Monday, June 23rd.
ArrowMark Financial Stock Performance
Shares of NASDAQ:BANX traded up $0.18 during trading on Friday, reaching $21.04. The stock had a trading volume of 54,336 shares, compared to its average volume of 21,649. ArrowMark Financial has a 52 week low of $17.99 and a 52 week high of $21.67. The business's 50-day moving average price is $20.22 and its 200 day moving average price is $20.61.
ArrowMark Financial Company Profile
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ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization.
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