ArrowMark Financial Corp. Announces Special Distribution of
From GlobeNewswire: 2025-03-05 17:30:00
ArrowMark Financial Corp. (Nasdaq: BANX) declared a special cash distribution of $0.10 per share and a regular cash distribution of $0.45 per share for Q1 2025, totaling $0.55 per share. Shareholders of record on March 20, 2025, will receive the distribution on March 27, 2025. Chairman & CEO Sanjai Bhonsle highlighted the Fund’s ability to consistently over-earn its distribution rate. ArrowMark Financial focuses on providing risk-adjusted returns, capital preservation, and income generation. The Fund, listed on NASDAQ under “BANX,” primarily invests in regulatory capital securities of financial institutions, managed by ArrowMark Asset Management, LLC. Investors should review the Fund’s risks and objectives carefully.
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