ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Tuesday, July 14th. Investors of record on Friday, July 24th will be given a dividend of 0.15 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Friday, July 24th.
ArrowMark Financial Price Performance
Shares of NASDAQ BANX opened at $20.01 on Wednesday. ArrowMark Financial has a 1 year low of $18.45 and a 1 year high of $23.67. The firm has a fifty day moving average price of $19.72 and a 200-day moving average price of $19.94.
About ArrowMark Financial
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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