StoneCastle Financial (BANX) Declares $0.35 Quarterly Dividend; 8.6% Yield

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StoneCastle Financial Corp. Announces Distribution of $0.35 Per Share for First Quarter 2016

March 7, 2016 5:34 PM EST

NEW YORK, March 07, 2016 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq: BANX) ("StoneCastle 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 $0.35 per share for the first quarter of 2016. The distribution will be payable on March 29, 2016 to shareholders of record on March 21, 2016.

Disclosures

A portion of the Companys distributions may include sources other than net investment income, including a return of capital. Investors should understand that a... More