fwiw
NEW YORK--( BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company’s investment company taxable income generated through the course of the year.
Michael A. Reisner, co-CEO of CION stated, “We are pleased to announce a year-end special dividend for 2024, driven by the consistent income generation of our portfolio. Looking ahead, we believe our first-lien focus, flexible balance sheet, and disciplined capital deployment positions CION well for attractive risk-adjusted returns for shareholders.”
----------------------
we own the pfd CICB around par... |
