CION Investment (NYSE:CION - Get Free Report) is expected 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 Stock Performance
NYSE CION traded down $0.07 during trading hours on Thursday, reaching $12.14. The company's stock had a trading volume of 217,901 shares, compared to its average volume of 247,414. The company's 50-day moving average is $11.70 and its two-hundred day moving average is $11.75. CION Investment has a fifty-two week low of $10.52 and a fifty-two week high of $12.71. The stock has a market cap of $646.63 million, a PE ratio of 8.26 and a beta of 1.13.
CION Investment Announces Dividend
The firm 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 was Monday, December 30th. This represents a dividend yield of 0.43%. CION Investment's dividend payout ratio is presently 97.96%.
About CION Investment
(
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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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