SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Shares Up 0.1% – What’s Next?

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL – Get Free Report)’s share price traded up 0.1% during mid-day trading on Tuesday. The stock traded as high as $25.10 and last traded at $25.0750. Approximately 7,204 shares changed hands during trading, an increase of 93% from the average session volume of 3,741 shares. The stock had previously closed at $25.06.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Up 0.1%

The business’s fifty day simple moving average is $25.30 and its 200 day simple moving average is $25.36.

SWK Holdings Co. 9.00% Senior Notes due 2027 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were issued a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend was Tuesday, September 15th.

SWK Holdings Corporation is a specialty finance company focused on the healthcare and life sciences industries. The company provides capital to businesses developing and commercializing pharmaceuticals, biotechnology products, medical devices, diagnostics and other healthcare technologies.

Its financing activities may include structured debt, royalty monetization and other customized funding arrangements designed to provide non-dilutive or flexible capital to healthcare companies. SWK Holdings generally seeks opportunities where its financing can support product development, commercialization and business growth.

Founded in 2006 and headquartered in Dallas, Texas, SWK Holdings has invested in healthcare businesses and intellectual property across the United States and other markets.

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