ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Friday, August 14th. Stockholders of record on Monday, August 24th will be given a dividend of 0.15 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Monday, August 24th.
ArrowMark Financial Stock Performance
NASDAQ BANX opened at $20.71 on Friday. The company’s 50-day moving average price is $20.04 and its 200-day moving average price is $19.77. ArrowMark Financial has a 12 month low of $18.45 and a 12 month high of $23.67.
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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