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Stock impact report

CION Investment Corporation Reports Fourth Quarter and Year End 2024 Financial Results

CION Investment Corporation (CION) 
Company Research Source: Business Wire
Continued Strong Performance in 2024 With $1.79 in Net Investment Income and $1.52 in Total Shareholder Distributions NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission.CION also announced that, on March 10, 2025, its co-chief executive officers declared a first quarter 2025 base distribution of $0.36 per share payable on April 11, 2025 to shareholders of record as of March 28, 2025.FOURTH QUARTER AND OTHER HIGHLIGHTSNet investment income and earnings per share for the quarter ended December 31, 2024 were $0.35 per share and $0.10 per share, respectively;Net asset value per share was $15.43 as of December 31, 2024 compared to $15.73 as of September 30, 2024, a decrease of $0.30 per share, or 1.9%. The decrease was primarily due to mark-to-market price adjustments to the Company’s Show less Read more
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