CION Investment (NYSE:CION – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, March 14th.
CION Investment Trading Up 0.6 %
CION stock opened at $11.05 on Tuesday. The company’s 50 day moving average is $11.07 and its 200 day moving average is $10.82. The stock has a market cap of $600.02 million, a price-to-earnings ratio of 11.16 and a beta of 1.24. CION Investment has a 1-year low of $8.99 and a 1-year high of $11.75.
CION Investment Increases Dividend
The business also recently disclosed a — dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, December 22nd were given a $0.15 dividend. This represents a dividend yield of 12.1%. This is a boost from CION Investment’s previous — dividend of $0.05. The ex-dividend date was Thursday, December 21st. CION Investment’s dividend payout ratio is 137.37%.
Institutional Inflows and Outflows
Analyst Ratings Changes
Separately, TheStreet cut shares of CION Investment from a “c-” rating to a “d-” rating in a research report on Tuesday, November 21st.
Check Out Our Latest Analysis on CION Investment
CION Investment Company Profile
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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