ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Tuesday, March 10th. Investors of record on Monday, March 23rd will be paid a dividend of 0.15 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Monday, March 23rd.
ArrowMark Financial Stock Up 0.8%
BANX stock traded up $0.15 during midday trading on Wednesday, hitting $19.41. 58,704 shares of the stock traded hands, compared to its average volume of 70,359. ArrowMark Financial has a 1-year low of $17.99 and a 1-year high of $23.67. The stock’s fifty day simple moving average is $20.67 and its 200-day simple moving average is $21.27.
ArrowMark Financial Company Profile
ArrowMark Financial Corporation (NASDAQ: BANX) is an asset management firm that provides investment advisory services and portfolio management solutions to institutional and individual clients. Headquartered in Minneapolis, with additional offices in Stamford, Connecticut, the company offers tailored separate-account management alongside a suite of sponsored investment products. Its advisory platform spans a broad range of equity, fixed‐income and multi‐asset strategies designed to meet diverse risk and return objectives.
Through its managed accounts business, ArrowMark delivers customized portfolio solutions covering traditional and alternative asset classes.
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