CION Investment (NYSE:CION – Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $54.11 million for the quarter.
CION Investment Trading Down 1.9 %
CION stock opened at $12.10 on Wednesday. The business’s 50-day moving average price is $11.77 and its two-hundred day moving average price is $11.75. The firm has a market cap of $644.49 million, a PE ratio of 8.23 and a beta of 1.11. CION Investment has a 1-year low of $10.52 and a 1-year high of $12.71.
CION Investment Dividend Announcement
The firm also recently announced an annual dividend, which was paid on Monday, January 27th. Shareholders of record on Monday, December 30th were issued a dividend of $0.05 per share. The ex-dividend date was Monday, December 30th. This represents a yield of 0.43%. CION Investment’s dividend payout ratio is presently 97.96%.
About CION Investment
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
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