ArrowMark Financial Corp. Announces Cash Distribution of $0.39 Per Share for Third Quarter 2022
13 September 2022 - 6:20AM
ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or
the "Company"), an SEC registered closed-end management investment
company, today announced that its Board of Directors has declared a
cash distribution of $0.39 per share for the third quarter 2022.
The distribution will be payable on September 29, 2022 to
shareholders of record on September 22, 2022.
Disclosures
A portion of the Company’s distributions may, from time to time,
include sources other than net investment income, including a
return of capital. Investors should understand that a return of
capital is not a distribution from income or gains of a Company. As
required under the Investment Company Act of 1940, as amended, a
notice with the estimated components of the distribution will be
sent to shareholders at the time of payment if it does not consist
solely of net investment income. The notice should not be used to
prepare tax returns as the estimates indicated in the notice may
differ from the ultimate federal income tax characterization of
distributions. After the end of each calendar year, investors will
be sent a Form 1099-DIV informing them how to report distributions
received during that year for federal income tax purposes.
About ArrowMark Financial
ArrowMark Financial is an SEC registered non-diversified,
closed-end investment company listed on the NASDAQ Global Select
Market under the symbol “BANX.” Its investment objective is to
provide stockholders with current income. ArrowMark Financial is
managed by ArrowMark Asset Management, LLC. To learn more, visit
ir.arrowmarkfinancialcorp.com.
Forward-Looking Statements
This press release contains statements that are not historical
facts and are forward-looking statements based on current
management expectations involving substantial risks and
uncertainties that could cause actual results to differ materially
from the results expressed in, or implied by, these forward-looking
statements. Actual future results may differ significantly from
those stated in any forward-looking statement, depending on factors
such as changes in securities or financial markets or general
economic conditions, the volume of sales and purchases of shares of
common stock, the continuation of investment advisory,
administrative and service contracts, and other risks discussed
from time to time in ArrowMark Financial’s filings with the
SEC.
CONTACT:
Investor Contact:Julie
Muraco 212-468-5441Source:
ArrowMark Financial Corp.
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