ArrowMark Financial Corp. (BANX) to Issue Monthly Dividend of $0.15 on February 27th

ArrowMark Financial Corp. (NASDAQ:BANX) declared a monthly dividend on Friday, January 23rd. Investors of record on Tuesday, February 3rd will be given a dividend of 0.15 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Tuesday, February 3rd.

ArrowMark Financial Trading Up 0.2%

Shares of BANX stock opened at $21.23 on Friday. ArrowMark Financial has a fifty-two week low of $17.99 and a fifty-two week high of $23.67. The stock has a 50 day moving average price of $21.76 and a two-hundred day moving average price of $21.41.

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.