ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Tuesday, May 12th. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.15 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Friday, May 22nd.
ArrowMark Financial Trading Up 0.4%
Shares of NASDAQ:BANX opened at $19.79 on Wednesday. The firm’s 50-day moving average is $19.42 and its two-hundred day moving average is $20.56. ArrowMark Financial has a 1 year low of $18.45 and a 1 year 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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