StoneCastle Financial (BANX) Declares $0.37 Quarterly Dividend; 7.4% Yield

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StoneCastle Financial Corp. Announces Cash Distribution of $0.37 per Share for First Quarter 2017

March 10, 2017 4:20 PM EST

NEW YORK, March 10, 2017 (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 $0.37 per share for the first quarter of 2017.  The distribution will be payable on March 29, 2017 to shareholders of record on March 22, 2017.

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