CION Investment (NYSE:CION – Get Free Report) is projected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect CION Investment to post earnings of $0.36 per share and revenue of $54.11 million for the quarter.
CION Investment Stock Performance
Shares of CION stock opened at $12.22 on Thursday. The company has a market capitalization of $651.37 million, a price-to-earnings ratio of 8.32 and a beta of 1.13. The company has a 50-day simple moving average of $11.70 and a 200 day simple moving average of $11.75. 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 announced an annual dividend, which was paid on Monday, January 27th. Investors of record on Monday, December 30th were issued a dividend of $0.05 per share. This represents a dividend yield of 0.43%. The ex-dividend date of this dividend was Monday, December 30th. CION Investment’s payout ratio is 97.96%.
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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