PhenixFIN Co. (PFX) to Issue Dividend of $1.43 on February 18th

PhenixFIN Co. (NYSE:PFX) declared a dividend on Friday, February 7th,investing.com reports. Stockholders of record on Monday, February 17th will be paid a dividend of 1.43 per share on Tuesday, February 18th. This represents a dividend yield of 5.59%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from PhenixFIN’s previous dividend of $1.31.

PhenixFIN Stock Down 0.4 %

PhenixFIN stock opened at $48.80 on Wednesday. The company has a quick ratio of 11.35, a current ratio of 11.35 and a debt-to-equity ratio of 0.85. PhenixFIN has a 52 week low of $42.50 and a 52 week high of $51.50. The business’s 50-day moving average price is $49.07 and its 200 day moving average price is $47.96. The firm has a market cap of $98.58 million, a price-to-earnings ratio of 5.35 and a beta of 0.99.

Insider Buying and Selling

In other PhenixFIN news, CEO David A. Lorber purchased 12,871 shares of PhenixFIN stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average price of $48.05 per share, with a total value of $618,451.55. Following the acquisition, the chief executive officer now owns 138,854 shares of the company’s stock, valued at $6,671,934.70. This trade represents a 10.22 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 24.40% of the stock is currently owned by insiders.

About PhenixFIN

PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.