PhenixFIN Co. 5.25% Notes due 2028 (PFXNZ) To Go Ex-Dividend on October 15th

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) declared a quarterly dividend on Friday, January 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.3245 per share on Monday, November 2nd. This represents a $1.30 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date is Thursday, October 15th. This is a 3.3% decrease from PhenixFIN Co. 5.25% Notes due 2028’s previous quarterly dividend of $0.3354.

PhenixFIN Co. 5.25% Notes due 2028 Trading Down 0.1%

Shares of NASDAQ:PFXNZ opened at $24.05 on Tuesday. The firm has a fifty day moving average price of $24.01 and a 200 day moving average price of $23.92. PhenixFIN Co. 5.25% Notes due 2028 has a 1-year low of $23.35 and a 1-year high of $24.97.

PhenixFIN Co. 5.25% Notes due 2028 Company Profile

PhenixFIN Corporation is a business development company (BDC) that provides financing to privately held, primarily middle-market businesses. The company focuses on investments in senior secured loans, subordinated debt, and other debt and equity securities, seeking to generate income and potential capital appreciation for its shareholders.

PhenixFIN generally works with companies that may have limited access to traditional bank financing. Its investment activities can include directly originated loans, investments in syndicated credit facilities, and equity or equity-linked securities.