PhenixFIN Co. 5.25% Notes due 2028 (PFXNZ) Projected to Post Earnings on Wednesday

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) will likely be releasing its resultson Wednesday, May 13th. Analysts expect PhenixFIN Co. 5.25% Notes due 2028 to post earnings of $0.45 per share and revenue of $5.6180 million for the quarter.

PhenixFIN Co. 5.25% Notes due 2028 Price Performance

NASDAQ:PFXNZ opened at $24.17 on Wednesday. PhenixFIN Co. 5.25% Notes due 2028 has a 1-year low of $22.95 and a 1-year high of $24.20. The business’s 50-day moving average price is $23.84 and its two-hundred day moving average price is $23.72.

PhenixFIN Co. 5.25% Notes due 2028 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be paid a $0.3354 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This is a positive change from PhenixFIN Co. 5.25% Notes due 2028’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a yield of 5.6%.

About PhenixFIN Co. 5.25% Notes due 2028

The PhenixFIN Co 5.25% Notes due 2028 (NASDAQ: PFXNZ) are senior unsecured debt securities issued by PhenixFIN Co, an indirect wholly-owned subsidiary of PhenixFIN Corporation. These fixed-rate notes pay interest semi-annually at a rate of 5.25% and mature on September 6, 2028. They trade on the NASDAQ Capital Market under the ticker PFXNZ, offering investors exposure to the growth of a specialist finance company through a publicly listed bond.

PhenixFIN Corporation is a fintech-driven specialty finance platform that provides receivables financing solutions to small and medium-sized enterprises in the United States.