ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
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ArrowMark Financial Corp. (Nasdaq: BANX) announced a special cash distribution of $0.20 per share and a regular cash distribution of $0.45 per share for Q4 2024, totaling $0.65 per share. The distribution will be payable on January 3, 2025, to shareholders of record on December 26, 2024.
December 04, 2024 | 10:45 pm
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ArrowMark Financial Corp. declared a special distribution of $0.20 and a regular distribution of $0.45 per share for Q4 2024, totaling $0.65 per share.
The announcement of a special distribution indicates strong financial performance, which is likely to positively impact investor sentiment and the stock price in the short term. The total distribution of $0.65 per share is a significant return for shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100