CION Investment Corporation (CION) Declares $1.61 Special Dividend; 14.4% Yield

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CION Investment Corporation Announces Special Year-End 2023 Distribution of $0.15 Per Share

December 14, 2023 8:00 AM EST

Total Distributions Declared in 2023 Increased to $1.61 Per Share

NEW YORK--(BUSINESS WIRE)-- CION Investment Corporation (NYSE: CION) (CION) today announced that it has declared a special cash distribution for the year ending December 31, 2023 in the amount of $0.15 per share, payable on January 31, 2024 to shareholders of record as of December 22, 2023, which results in an increase in total distributions declared in 2023 of $0.16 per share, or 11.0%, from total distributions declared for the year ended December 31, 2022 of $1.45 per share. This special year-end distribution also results in a declared distribution yield1 of 15.5% for the year-to-date period... More