StoneCastle Financial (BANX) Raises Quarterly Dividend 6.1% to $0.35; 8.3% Yield

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StoneCastle Financial Announces an Increase in the Fourth Quarter 2015 Cash Distribution to $.35 Per Share

December 8, 2015 4:45 PM EST

NEW YORK, Dec. 8, 2015 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq: BANX) ("StoneCastle Financial" or the "Company"), an SEC registered management investment company, today announced that its Board of Directors has increased the quarterly cash distribution $.02 to $0.35 per share for the fourth quarter of 2015. The distribution will be payable on Monday, January 4, 2016 to shareholders of record on Tuesday, December 22, 2015.

A portion of the Company's distributions may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a... More