ArrowMark Financial Corp. (BANX) to Distribute Monthly Dividend of $0.15 on October 30th

Posted by Brenda Bartman on Oct 21st, 2026

ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) announced a monthly dividend on Tuesday, October 13th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.15 per share by the investment management company on Friday, October 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date is Friday, October 23rd.

ArrowMark Financial Price Performance

Shares of NASDAQ:BANX opened at $19.86 on Wednesday. ArrowMark Financial has a 1-year low of $18.45 and a 1-year high of $22.50. The business’s 50 day moving average is $20.50 and its 200-day moving average is $20.01.

Institutional Investors Weigh In On ArrowMark Financial

Institutional investors have recently bought and sold shares of the business. Trust Co. of Vermont bought a new stake in ArrowMark Financial in the 2nd quarter valued at $34,000. Integrated Wealth Concepts LLC acquired a new position in shares of ArrowMark Financial in the 2nd quarter valued at $177,000. Private Advisor Group LLC lifted its holdings in shares of ArrowMark Financial by 11.4% during the 1st quarter. Private Advisor Group LLC now owns 12,268 shares of the investment management company’s stock worth $234,000 after acquiring an additional 1,257 shares during the period. Almitas Capital LLC bought a new position in shares of ArrowMark Financial during the 2nd quarter worth about $994,000. Finally, Noble Wealth Management PBC lifted its holdings in shares of ArrowMark Financial by 0.8% during the 2nd quarter. Noble Wealth Management PBC now owns 107,197 shares of the investment management company’s stock worth $2,096,000 after acquiring an additional 884 shares during the period. Institutional investors and hedge funds own 24.93% of the company’s stock.

About ArrowMark Financial

(Get Free Report)

ArrowMark Financial Corp. (NASDAQ: BANX) is a closed-end investment company that has elected to be regulated as a business development company. The company seeks to generate income and, to a lesser extent, capital appreciation by investing in the financial services sector.

ArrowMark Financial primarily invests in debt and equity securities issued by financial institutions, specialty finance companies and other businesses connected to the financial services industry. Its investment activities may include providing capital to banks, insurance companies, asset managers, mortgage-related businesses and other specialty finance firms through a range of privately negotiated and publicly traded securities.

The company was formerly known as StoneCastle Financial Corp.