CM Finance Inc (NASDAQ:CMFN) expected to pay $0.35 on Oct 6, 2016


CM Finance Inc (NASDAQ:CMFN) is expected to pay $0.35 on Oct 6, 2016. The indicated annual dividend is $1.41. Shareholders owning the stock before Sep 14, 2016 will be eligible to receive the payout. Based on CM Finance Inc’s current price of $10.18, the dividend is 3.46%. This dividend’s record date is Sep 16, 2016 and the announcement date is Aug 31, 2016. About 93,058 shares traded hands or 230.56% up from the average. CM Finance Inc (NASDAQ:CMFN) has risen 12.69% since February 8, 2016 and is uptrending. It has underperformed by 3.80% the S&P500.

CM Finance Inc is an externally managed, non-diversified closed-end management investment company. The company has a market cap of $134.89 million. The Firm is a specialty finance firm that invests primarily in the debt of the United States middle-market companies. It currently has negative earnings. The Company’s primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply