StoneCastle (BANX) Declares $0.50 Quarterly Dividend; 7.9% Yield

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Go back to StoneCastle (BANX) Declares $0.50 Quarterly Dividend; 7.9% Yield

StoneCastle Financial Announces Dividend for Third Quarter 2014

September 2, 2014 4:10 PM EDT

NEW YORK, Sept. 2, 2014 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq: BANX) ("StoneCastle Financial" or the "Company"), an SEC registered investment company, today announced that its Board of Directors has declared a cash dividend of $0.50 per share for the third quarter of 2014. The dividend will be payable on September 26, 2014 to shareholders of record on September 12, 2014.

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 distribution from income or... More