CION Investment (NYSE:CION – Get Free Report) will likely be announcing 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 Stock Performance
NYSE CION opened at $12.10 on Wednesday. The stock has a fifty day moving average of $11.77 and a 200-day moving average of $11.75. The stock has a market capitalization of $644.49 million, a P/E ratio of 8.23 and a beta of 1.11. CION Investment has a 52 week low of $10.52 and a 52 week high of $12.71.
CION Investment Announces Dividend
The business also recently declared an annual dividend, which was paid on Monday, January 27th. Stockholders of record on Monday, December 30th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a dividend yield of 0.43%. CION Investment’s dividend payout ratio is currently 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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