ArrowMark Financial Corp. (NASDAQ:BANX) Plans $0.45 Quarterly Dividend

ArrowMark Financial Corp. (NASDAQ:BANX) declared a quarterly dividend on Friday, September 12th. Shareholders of record on Monday, September 22nd will be given a dividend of 0.45 per share by the investment management company on Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Monday, September 22nd.

ArrowMark Financial Price Performance

NASDAQ:BANX opened at $22.85 on Friday. The firm has a 50-day moving average of $20.91 and a two-hundred day moving average of $20.56. ArrowMark Financial has a 1-year low of $17.99 and a 1-year high of $23.67.

About ArrowMark Financial

ArrowMark Financial Corp. is a closed-end balanced mutual fund launched and managed by ArrowMark Asset Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across financials, banks sectors. It invests in growth and value stocks of companies across diversified market capitalization.