ArrowMark Financial Corp. to Issue Monthly Dividend of $0.15 (NASDAQ:BANX)

by · The Markets Daily

ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Friday, August 14th. Stockholders of record on Monday, August 24th will be given a dividend of 0.15 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date is Monday, August 24th.

ArrowMark Financial Stock Up 0.0%

NASDAQ:BANX opened at $20.71 on Friday. The company has a 50 day moving average price of $20.04 and a 200 day moving average price of $19.77. ArrowMark Financial has a fifty-two week low of $18.45 and a fifty-two week high of $23.67.

ArrowMark Financial Company Profile

(Get Free Report)

ArrowMark Financial Corporation (NASDAQ: BANX) is an asset management firm that provides investment advisory services and portfolio management solutions to institutional and individual clients. Headquartered in Minneapolis, with additional offices in Stamford, Connecticut, the company offers tailored separate-account management alongside a suite of sponsored investment products. Its advisory platform spans a broad range of equity, fixed‐income and multi‐asset strategies designed to meet diverse risk and return objectives.

Through its managed accounts business, ArrowMark delivers customized portfolio solutions covering traditional and alternative asset classes.

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