StoneCastle Financial (BANX) Raises Quarterly Dividend 5.7% to $0.37; 8.3% Yield

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Go back to StoneCastle Financial (BANX) Raises Quarterly Dividend 5.7% to $0.37; 8.3% Yield

StoneCastle Financial Corp. Announces an Increase in the Second Quarter 2016 Cash Distribution to $.37 Per Share

June 6, 2016 4:20 PM EDT

NEW YORK, June 06, 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 increased the quarterly cash distribution $.02 to $0.37 per share for the  second quarter of 2016.  The distribution will be payable on June 29, 2016 to shareholders of record on June 20, 2016.

Disclosures

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