DENVER, Sep 10, 2021 (GLOBE NEWSWIRE) – StoneCastle Financial Corp. (Nasdaq: BANX) (“StoneCastle Financial” or the “Company”), a SEC-registered closed-end management investment company, announced today that its board of directors has a cash distribution of $ 0.38 for the third quarter of 2021 announced per share. The distribution will be payable on September 28, 2021 to the shareholders of record on September 21, 2021.
A portion of the Company’s distributions may from time to time include sources other than net investment income, including a capital repayment. Investors should understand that a return of principal is not a distribution out of the income or profits of any company. Pursuant to the Investment Company Act of 1940, as amended, notice will be sent to Shareholders at the time of payment with the estimated components of the dividend, provided that it does not consist solely of net investment income. The notice should not be used to prepare tax returns as the estimates presented in the notice may differ from the final characterization of federal income tax distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.
About StoneCastle Financial
StoneCastle Financial is an SEC registered, undisclosed, closed-ended investment company listed on the NASDAQ Global Select Market under the symbol “BANX”. The investment objective is to generate ongoing income for shareholders. StoneCastle Financial is managed by StoneCastle-ArrowMark Asset Management, LLC. To learn more, visit www.stonecastle-financial.com.
This press release contains statements that are not historical facts and are forward-looking statements that are based on management’s current expectations and that involve significant risks and uncertainties that could cause actual results to differ materially from those expressed in these forward-looking statements or be implied. Actual future results may differ materially from those in forward-looking statements, depending on factors such as changes in the securities or financial markets or the general economic situation, the volume of sales and purchases of common shares, the continuation of investment advice, management and service agreements and other risks, as discussed from time to time in StoneCastle Financial’s SEC filings.
Source: StoneCastle Financial Corp.