CION Investment Corporation Announces Year-End Special Distribution of $0.05 Per Share
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CION Investment Corporation has announced a special year-end distribution of $0.05 per share, payable on January 27, 2025, to shareholders of record as of December 30, 2024. This brings the total distributions declared in 2024 to $1.52 per share.
December 23, 2024 | 1:15 pm
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CION Investment Corporation has declared a special distribution of $0.05 per share, adding to the total 2024 distributions of $1.52 per share. This reflects the company's investment income performance.
The announcement of a special distribution indicates strong investment income, which is a positive signal for investors. This could lead to a short-term increase in stock price as it reflects the company's profitability and commitment to returning value to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100