ArrowMark Financial Corp. Announces Q2 Results and Special Distribution of $0.10 and Monthly Cash Distribution of $0.15 per Share for September 2026
ArrowMark Financial (BANX) declared a special cash distribution of $0.10 per share and a regular monthly cash distribution of $0.15 per share for September 2026.
Rhea-AI Summary
ArrowMark Financial (BANX) declared a special cash distribution of $0.10 per share and a regular monthly cash distribution of $0.15 per share for September 2026. The regular September cash distribution is payable on September 30, 2026 to shareholders of record as of September 23, 2026. The special $0.10 distribution, generated from excess income, will be paid on December 31, 2026 to shareholders of record on December 24, 2026. The company said these payouts reflect its view that the fund continues to over-earn its declared quarterly distribution rate.
Positive
- Special distribution of $0.10 per share payable December 31, 2026
- Regular monthly distribution of $0.15 per share for September 2026
- Company states distributions are supported by excess income over its declared quarterly rate
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Sept. 11, 2026 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp. (Nasdaq: BANX) ("ArrowMark Financial" or the "Company"), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of
“We are very pleased to announce a special income distribution of
About ArrowMark Financial Corp.
ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. The Fund pursues its objective by investing primarily in regulatory capital securities of financial institutions. ArrowMark Financial is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com or contact the Fund’s secondary market service agent at 877-855-3434.
Disclaimer and Risk Factors:
There is no assurance that ArrowMark Financial will achieve its investment objective. ArrowMark Financial is subject to numerous risks, including investment and market risks, management risk, income and interest rate risks, banking industry risks, preferred stock risk, convertible securities risk, debt securities risk, liquidity risk, valuation risk, leverage risk, non-diversification risk, credit and counterparty risks, market at a discount from net asset value risk and market disruption risk. Shares of closed-end investment companies may trade above (a premium) or below (a discount) their net asset value. Shares of ArrowMark Financial may not be appropriate for all investors. Investors should review and consider carefully ArrowMark Financial's investment objective, risks, charges and expenses. Past performance does not guarantee future results.
The Annual Report, Semi-Annual Report and other regulatory filings of the Fund with the SEC are accessible on the SEC's website at www.sec.gov and on the Fund’s website at ir.arrowmarkfinancialcorp.com.
Contact:
Destra Capital Advisors LLC (877) 855-3434
Destra Capital Advisors LLC provides secondary market services for the Fund by agreement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will ArrowMark Financial’s regular September 2026 cash distribution be paid and who qualifies?
The regular monthly cash distribution of $0.15 per share for September 2026 will be payable on September 30, 2026 to shareholders of record on September 23, 2026.
When will the $0.10 special cash distribution be paid and what is the record date?
The special cash distribution of $0.10 per share, generated from excess income, will be payable on December 31, 2026 to shareholders of record on December 24, 2026.
What reason does ArrowMark Financial give for declaring these distributions?
The company states that the special and regular distributions reflect the fund’s ability to consistently over-earn its declared quarterly distribution rate, while aiming to provide risk-adjusted returns with a focus on capital preservation and income generation.