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CION Investment Corp ( (CION) ) just unveiled an announcement.
CION Investment Corporation reported strong financial results for the fourth quarter and year ending December 31, 2024, with net investment income of $1.79 and total shareholder distributions of $1.52. The company declared a first quarter 2025 base distribution of $0.36 per share. Despite a slight decrease in net asset value per share due to mark-to-market adjustments, CION maintained a robust investment portfolio and completed significant investment activities, including a public bond offering and a new credit facility agreement, enhancing its financial flexibility and shareholder returns.
More about CION Investment Corp
CION Investment Corporation operates in the financial services industry, focusing on business development and investment management. The company primarily offers senior secured loans and other debt investments, targeting a diverse range of industries to generate attractive yields for its investors.
YTD Price Performance: 5.24%
Average Trading Volume: 286,348
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $645.8M
See more data about CION stock on TipRanks’ Stock Analysis page.