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| CION Ex-Dividend Reminder - 3/21/24By Dividend Channel Staff, Tuesday, March 19, 10:03 AM ET
On 3/21/24, Cion Investment Corporation (NYSE:CION) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 3/28/24. As a percentage of CION's recent stock price of $10.76, this dividend works out to approximately 3.16%, so look for shares of Cion Investment Corporation to trade 3.16% lower — all else being equal — when CION shares open for trading on 3/21/24. Below is a dividend history chart for CION, showing historical dividends prior to the most recent $0.34 declared by Cion Investment Corporation: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CION is likely to continue, and whether the current estimated yield of 12.64% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CION shares, versus its 200 day moving average:
Looking at the chart above, CION's low point in its 52 week range is $8.99 per share, with $12 as the 52 week high point — that compares with a last trade of $10.70. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Cion Investment Corporation shares are currently off about 1.5% on the day.
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