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BANX (ArrowMark Financial) 5-Year Dividend Growth Rate : 1.70% (As of Jun. 2024)


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What is ArrowMark Financial 5-Year Dividend Growth Rate?

ArrowMark Financial's Dividends per Share for the six months ended in Jun. 2024 was $0.90.

During the past 12 months, ArrowMark Financial's average Dividends Per Share Growth Rate was 15.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of ArrowMark Financial was 3.40% per year. The lowest was -9.10% per year. And the median was 0.65% per year.

ArrowMark Financial's Dividend Payout Ratio for the six months ended in Jun. 2024 was 0.86. As of today, ArrowMark Financial's Dividend Yield % is 8.72%.

Warning Sign:

ArrowMark Financial Corp stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of ArrowMark Financial's 5-Year Dividend Growth Rate

For the Asset Management subindustry, ArrowMark Financial's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ArrowMark Financial's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ArrowMark Financial's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where ArrowMark Financial's 5-Year Dividend Growth Rate falls into.



ArrowMark Financial 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


ArrowMark Financial  (NAS:BANX) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

ArrowMark Financial's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.9/ 1.05
=0.86

During the past 11 years, the highest Dividend Payout Ratio of ArrowMark Financial was 2.53. The lowest was 0.59. And the median was 1.09.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

ArrowMark Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4500002024-09-262024-09-262024-09-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4500002024-06-242024-06-242024-06-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4500002024-03-202024-03-212024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.4500002023-12-282023-12-292024-01-05Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

ArrowMark Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.8/20.65
=8.72 %

Current Share Price is $20.65.
ArrowMark Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.8.

During the past 11 years, the highest Dividend Yield of ArrowMark Financial was 12.99%. The lowest was 6.48%. And the median was 7.98%.

Warning Sign:

ArrowMark Financial Corp stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ArrowMark Financial 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial Business Description

Traded in Other Exchanges
N/A
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investments in various portfolios such as debt securities, Trust Preferred and Preferred Securities, preferred securities, exchange-traded funds, money market funds, and others.
Executives
Patrick Joseph Farrell officer: Chief Financial Officer 152 WEST 57TH STREET, NEW YORK NY 10019
Dana Staggs officer: President C/O ARROWMARK FINANCIAL CORP., 340 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10173
John Scott Emrich director C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Guy M Arnold director 518 17TH STREET, STE 1700, DENVER CO 80202
Sanjai Bhonsle director, officer: CEO C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Richard Allen Grove officer: Chief Compliance Officer 518 17TH STREET, 17TH FLOOR, DENVER CO 80202
Michael Stolper director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Karen Reidy director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Praag Michael Van director C/O STONECASTLE FINANCIAL CORP., 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
S David Lentinello officer: Controller 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Joshua S. Siegel director, 10 percent owner, officer: Chief Executive Officer 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Clara Miller director STONECASTLE FINANCIAL CORP, 152 WEST 57TH STREET, 35TH FL., NEW YORK NY 10019
George Shilowitz director, 10 percent owner, officer: President 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Emil Henry director HENRY, TIGER LLC, 717 5TH AVE, FLOOR 12-A, NEW YORK NY 10022
Rachel Schatten officer: See Remarks 152 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019