ArrowMark Financial Corp. (NASDAQ:BANX) Declares $0.15 Monthly Dividend

ArrowMark Financial Corp. (NASDAQ:BANX - Get Free Report) declared a monthly dividend on Friday, January 23rd. Shareholders of record on Tuesday, February 3rd will be paid a dividend of 0.15 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Tuesday, February 3rd.Get ArrowMark Financial alerts:ArrowMark Financial Trading Up 0.2%Shares of BANX stock opened at $21.23 on Friday. ArrowMark Financial has a 1 year low of $17.99 and a 1 year high of $23.67. The firm's 50 day moving average is $21.76 and its 200-day moving average is $21.41. ArrowMark Financial Company Profile (Get Free Report)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.Featured ArticlesFive stocks we like better than ArrowMark FinancialStock market legend warns: “An Ominous Day Is Coming for the Markets…”Another reason you need to own gold… [running out]Trump’s Final Shocking Act Begins February 24NEW: Gold makes historyDeutsche Bank Just Raised Their Gold Target to $6,000This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in ArrowMark Financial Right Now?Before you consider ArrowMark Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ArrowMark Financial wasn't on the list.While ArrowMark Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here