PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) Declares Quarterly Dividend of $0.32

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) declared a quarterly dividend on Friday, January 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.3245 per share on Monday, November 2nd. This represents a $1.30 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 3.3% decrease from PhenixFIN Co. 5.25% Notes due 2028’s previous quarterly dividend of $0.3354.

PhenixFIN Co. 5.25% Notes due 2028 Stock Performance

NASDAQ PFXNZ opened at $24.05 on Tuesday. PhenixFIN Co. 5.25% Notes due 2028 has a fifty-two week low of $23.35 and a fifty-two week high of $24.97. The business has a 50 day moving average price of $24.01 and a two-hundred day moving average price of $23.92.

About PhenixFIN Co. 5.25% Notes due 2028

PhenixFIN Corporation is a business development company (BDC) that provides financing to privately held, primarily middle-market businesses. The company focuses on investments in senior secured loans, subordinated debt, and other debt and equity securities, seeking to generate income and potential capital appreciation for its shareholders.

PhenixFIN generally works with companies that may have limited access to traditional bank financing. Its investment activities can include directly originated loans, investments in syndicated credit facilities, and equity or equity-linked securities.