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| BANX Ex-Dividend Reminder - 9/21/23By Dividend Channel Staff, Tuesday, September 19, 10:33 AM ET
On 9/21/23, Arrowmark Financial Corp (NASDAQ:BANX) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 9/29/23. As a percentage of BANX's recent stock price of $18.31, this dividend works out to approximately 2.46%, so look for shares of Arrowmark Financial Corp to trade 2.46% lower — all else being equal — when BANX shares open for trading on 9/21/23. Below is a dividend history chart for BANX, showing historical dividends prior to the most recent $0.45 declared by Arrowmark Financial Corp: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BANX is likely to continue, and whether the current estimated yield of 9.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BANX shares, versus its 200 day moving average:
Looking at the chart above, BANX's low point in its 52 week range is $13.80 per share, with $19.3663 as the 52 week high point — that compares with a last trade of $18.31. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Arrowmark Financial Corp shares are currently up about 1.1% on the day.
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