ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
ArrowMark Financial Corp. - Closed End Fund (BANX)
US:NASDAQ Investor Relations:
stonecastle-financial.com/investors.jsp
Company Research
Source: GlobeNewswire
DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.20 per share generated from excess income, and a regular cash distribution of $0.45 per share for the fourth quarter 2024. The total distribution of $0.65 per share will be payable on January 3, 2025 to shareholders of record on December 26, 2024. “We are very pleased to announce the special distribution for Q4 2024 along with the distribution rate of $0.45. We believe this distribution reflects the Fund’s ability to consistently over-earn its declared quarterly distribution rate. ArrowMark Financial is committed to providing consistent risk-adjusted returns while maintaining focus on capital preservation and income generation for our shareholders,” said Chairman & CEO Sanjai Bhonsle. About ArrowMark Financial
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News
- ArrowMark Financial Corp. Announces Q3 2024 Results and Releases Month End Estimated Net Asset Value as of November 2024GlobeNewswire
- ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024GlobeNewswire
- ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of September 2024GlobeNewswire
BANX
Sec Filings
- 12/9/24 - Form 497AD
- 12/6/24 - Form 497AD
- 11/21/24 - Form NPORT-P
- BANX's page on the SEC website