ArrowMark Financial Corp. (NASDAQ:BANX - Get Free Report) declared a quarterly dividend on Tuesday, June 17th, RTT News reports. Shareholders of record on Monday, June 23rd will be given 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 8.76%.
ArrowMark Financial Stock Down 0.1%
Shares of BANX stock traded down $0.03 on Wednesday, reaching $20.55. 4,304 shares of the company were exchanged, compared to its average volume of 21,467. ArrowMark Financial has a 1 year low of $17.99 and a 1 year high of $21.67. The business has a 50-day moving average price of $20.09 and a 200 day moving average price of $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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