CION Investment Has Declared A Mid-Year Supplemental Distribution For The Period Ending June 30, 2024 In The Amount Of $0.05 Per Share; Distributions Declared In The First Half Of 2024 Total $0.75 Per Share
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CION Investment Corporation (NYSE:CION) has declared a mid-year supplemental distribution of $0.05 per share for the period ending June 30, 2024. This brings the total distributions declared in the first half of 2024 to $0.75 per share. The supplemental distribution will be payable on July 12, 2024, to shareholders of record as of June 28, 2024.
June 12, 2024 | 12:12 pm
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CION Investment Corporation has declared a mid-year supplemental distribution of $0.05 per share, bringing total distributions for the first half of 2024 to $0.75 per share. This reflects the company's sustained performance and focus on generating attractive returns for shareholders.
The declaration of a supplemental distribution indicates strong financial health and commitment to shareholder returns, which is likely to positively impact the stock price in the short term.
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