CION Investment Corporation (CION) Dividends & Splits

CION Investment Corporation (CION) offers dividends and splits as part of its investment strategy. Dividends are payments that the company distributes to its shareholders as a return on their investment. These payments are typically made on a regular basis, such as quarterly or annually. The dividend yield is a measure of the annual dividend payment relative to the stock price. It is calculated by dividing the annual dividend per share by the stock price. The payout ratio is the percentage of earnings that are paid out as dividends. A lower payout ratio indicates that the company retains more earnings for reinvestment.

The dividend ex-date is the date on which an investor must own the stock in order to receive the upcoming dividend payment. It is typically set a few days before the dividend payment date to allow for processing time. In some cases, a stock may undergo a split. A split is when a company divides its existing shares into multiple new shares. This can be done to lower the stock price and make it more affordable for investors. The split multiple is the ratio of new shares received for each existing share. For example, if a stock undergoes a 2-for-1 split, an investor would receive two new shares for every one existing share they own.