Core Points - ArrowMark Financial Corp. has declared a special cash distribution of 0.45 per share for Q1 2025, totaling $0.55 per share, payable on March 27, 2025 [1][2] - The Chairman & CEO, Sanjai Bhonsle, stated that the distribution reflects the Fund's ability to consistently over-earn its declared quarterly distribution rate, emphasizing the company's commitment to risk-adjusted returns and capital preservation [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 to provide current income [3] Company Overview - ArrowMark Financial Corp. is managed by ArrowMark Asset Management, LLC, and aims to generate income for shareholders through its investment strategies [3] - The Fund's investment objective focuses on providing consistent income while managing risks associated with the financial sector [3]
ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the First Quarter 2025