Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) to Issue $0.50 Quarterly Dividend

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ:RWAYZ) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Sunday, February 15th will be given a dividend of 0.50 per share on Sunday, March 1st. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Friday, February 13th.

Runway Growth Finance Corp. 8.00% Notes due 2027 Price Performance

Shares of Runway Growth Finance Corp. 8.00% Notes due 2027 stock traded up $0.01 during mid-day trading on Wednesday, hitting $25.44. 14,418 shares of the stock were exchanged, compared to its average volume of 16,371. Runway Growth Finance Corp. 8.00% Notes due 2027 has a 12 month low of $24.83 and a 12 month high of $25.64. The company has a 50-day simple moving average of $25.29 and a 200 day simple moving average of $25.34.

Runway Growth Finance Corp. 8.00% Notes due 2027 Company Profile

Runway Growth Finance Corp. 8.00% Notes due 2027 (NASDAQ: RWAYZ) are senior unsecured debt securities issued by Runway Growth Finance Corp., a publicly traded business development company. The notes carry a fixed annual coupon of 8.00%, payable quarterly, and mature on January 15, 2027. They rank equally with other senior unsecured obligations of the issuer, providing investors with a high-yield debt exposure to the company’s financing activities.

Runway Growth Finance Corp. specializes in providing flexible growth capital solutions to middle-market and late-stage private companies.