CION Investment Corporation Reports Third Quarter 2024 Financial Results
CION Investment Corporation (CION)
Company Research
Source: Business Wire
Solid Performance and Increased Financial Flexibility NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission.CION also announced that, on November 4, 2024, its co-chief executive officers declared a fourth quarter 2024 base distribution of $0.36 per share, payable on December 16, 2024 to shareholders of record as of December 2, 2024.THIRD QUARTER AND OTHER HIGHLIGHTSNet investment income and earnings per share for the quarter ended September 30, 2024 were $0.40 per share and $(0.01) per share, respectively;Net asset value per share was $15.73 as of September 30, 2024 compared to $16.08 as of June 30, 2024, a decrease of $0.35 per share, or 2.2%. The decrease was primarily due to mark-to-market price declines to the Company’s portfolio during the quarter ended September 30, 2024;As of September
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CION
News
- CION Investments and GCM Grosvenor Announce SEC Effectiveness of the CION Grosvenor Infrastructure FundBusiness Wire
- CION Investment Corporation (CION) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- CION Invt Corp (CION) Q3 2024 Earnings Call Highlights: Navigating Market Volatility with ... [Yahoo! Finance]Yahoo! Finance
- CION Investment Co. (NYSE: CION) had its price target lowered by analysts at Wells Fargo & Company from $12.00 to $11.50. They now have an "equal weight" rating on the stock.MarketBeat
- CION Ares Diversified Credit Fund Announces $6 Billion Total Assets Under Management MilestoneBusiness Wire
CION
Sec Filings
- 11/15/24 - Form 8-K
- 11/14/24 - Form 4
- 11/13/24 - Form 4
- CION's page on the SEC website