Runway Growth Finance Corp. Announces Q3 Dividend Of $0.40 With $0.05 Supplemental Distribution
Portfolio Pulse from Happy Mohamed
Runway Growth Finance Corp. (NASDAQ:RWAY) has announced a Q3 2023 cash distribution of $0.40 per share, along with a supplemental dividend of $0.05 per share. The company intends to declare and pay a similar supplemental dividend for each subsequent fiscal quarter during 2023, subject to future approval by the Board of Directors. The key dates for the Q3 2023 dividend are: Declaration Date: August 1, 2023; Record Date: August 15, 2023; Payment Date: August 31, 2023.
August 04, 2023 | 10:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Runway Growth Finance Corp. has declared a Q3 2023 cash distribution of $0.40 per share and a supplemental dividend of $0.05 per share. This could potentially attract investors looking for regular income, which may positively impact the stock price.
Dividends are a way for companies to distribute profits back to investors, and they can make a stock more attractive to investors looking for regular income. The announcement of a cash distribution and a supplemental dividend by Runway Growth Finance Corp. could therefore potentially attract more investors, which may drive up the demand for the stock and positively impact its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100