ArrowMark Financial Corp. (NASDAQ:BANX – Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $19.66 and traded as high as $20.08. ArrowMark Financial shares last traded at $20.07, with a volume of 29,399 shares traded.
ArrowMark Financial Trading Up 0.5%
The firm has a fifty day moving average of $19.66 and a 200 day moving average of $20.06.
ArrowMark Financial Announces Dividend
The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a c) annualized dividend and a yield of 9.0%.
Institutional Inflows and Outflows
ArrowMark Financial Company Profile
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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