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Stock impact report

CION Investment Corporation Announces the Amount of its Mid-Year Supplemental Distribution of $0.05 Per Share

CION Investment Corporation (CION) 
Company Research Source: Business Wire
Distributions Declared in the First Half of 2024 Total $0.75 Per Share NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced that it has declared a mid-year supplemental distribution for the period ending June 30, 2024 in the amount of $0.05 per share, payable on July 12, 2024 to shareholders of record as of June 28, 2024.Michael A. Reisner, co-CEO of CION stated, “We are pleased to announce our mid-year supplemental distribution, based on the sustained performance of our conservatively positioned investment portfolio. We remain focused on generating attractive returns for CION shareholders and believe our recently increased quarterly base distribution in addition to our supplemental distribution reflect continued success in executing on our long-term strategy.”ABOUT CION INVESTMENT CORPORATIONCION Investment Corporation is a leading publicly listed business development company that had approximately $2.0 billion in total assets as of March 31 Show less Read more
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