ArrowMark Financial Corp. (BANX) To Go Ex-Dividend on August 24th

ArrowMark Financial Corp. (NASDAQ:BANX) announced a monthly dividend on Friday, August 14th. Investors of record on Monday, August 24th will be paid a dividend of 0.15 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date is Monday, August 24th.

ArrowMark Financial Price Performance

Shares of ArrowMark Financial stock traded up $0.01 on Friday, reaching $20.71. 27,408 shares of the company’s stock were exchanged, compared to its average volume of 36,637. ArrowMark Financial has a 52 week low of $18.45 and a 52 week high of $23.67. The firm’s 50-day moving average is $20.04 and its two-hundred day moving average is $19.77.

About ArrowMark Financial

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.