PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) to Issue Quarterly Dividend of $0.34

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) announced a quarterly dividend on Friday, January 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.3354 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Wednesday, July 15th. This is a 2.2% increase from PhenixFIN Co. 5.25% Notes due 2028’s previous quarterly dividend of $0.33.

PhenixFIN Co. 5.25% Notes due 2028 Price Performance

PFXNZ stock opened at $23.93 on Monday. PhenixFIN Co. 5.25% Notes due 2028 has a one year low of $23.10 and a one year high of $24.20. The company has a fifty day moving average price of $23.92 and a two-hundred day moving average price of $23.84.

PhenixFIN Co. 5.25% Notes due 2028 Company Profile

The PhenixFIN Co 5.25% Notes due 2028 (NASDAQ: PFXNZ) are senior unsecured debt securities issued by PhenixFIN Co, an indirect wholly-owned subsidiary of PhenixFIN Corporation. These fixed-rate notes pay interest semi-annually at a rate of 5.25% and mature on September 6, 2028. They trade on the NASDAQ Capital Market under the ticker PFXNZ, offering investors exposure to the growth of a specialist finance company through a publicly listed bond.

PhenixFIN Corporation is a fintech-driven specialty finance platform that provides receivables financing solutions to small and medium-sized enterprises in the United States.