ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.81 and traded as high as $20.58. ArrowMark Financial shares last traded at $20.52, with a volume of 17,944 shares changing hands.
ArrowMark Financial Stock Performance
The firm’s 50 day moving average price is $19.83 and its 200-day moving average price is $19.81.
ArrowMark Financial Announces Dividend
The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 24th were given a $0.15 dividend. The ex-dividend date was Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 8.8%.
Institutional Trading of ArrowMark Financial
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.
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