ArrowMark Financial Corp. Announces Special Distribution of $0.20 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2024
Core Points - ArrowMark Financial Corp. has declared a special cash distribution of 0.45 per share for Q4 2024, totaling $0.65 per share, payable on January 3, 2025 [1][2] - The company emphasizes its ability to consistently over-earn its declared quarterly distribution rate, focusing on capital preservation and income generation for shareholders [2] - ArrowMark Financial is a non-diversified, closed-end fund listed on NASDAQ under the symbol "BANX," primarily investing in regulatory capital securities of financial institutions [3]