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Stock impact report

CION Investment Corporation Announces Year-End Special Distribution of $0.05 Per Share [Yahoo! Finance]

CION Investment Corporation (CION) 
Company Research Source: Yahoo! Finance
NEW YORK, December 23, 2024 BUSINESS WIRE )--CION Investment Corporation (NYSE: CION) ("CION") today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company's investment company taxable income generated through the course of the year. Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce a year-end special dividend for 2024, driven by the consistent income generation of our portfolio. Looking ahead, we believe our first-lien focus, flexible balance sheet, and disciplined capital deployment positions CION well for attractive risk-adjusted returns for shareholders." ABOUT CION INVESTMENT CORPORATION CION Investment Corporation is a leading publicly listed business development company Show less Read more
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