StoneCastle Financial Corp(NASDAQ:BANX) Declares Dividend of $0.3700.

StoneCastle Financial Corp (NASDAQ:BANX) had declared a cash dividend of $0.3700 on Jun 6, 2016. The shares will quote ex-dividend on Jun 16, 2016 and the record date has been fixed on Jun 20, 2016. At Jun 6, 2016 share price, the yield comes out to be 8.2867%. The dividend payable date has been fixed on Jun 29, 2016.

StoneCastle Financial Corp (BANX) made into the market gainers list on Fridays trading session with the shares advancing 0.06% or 0.01 points. Due to strong positive momentum, the stock ended at $17.96, which is also near the day’s high of $17.9873. The stock began the session at $17.85 and the volume stood at 7,164 shares. The 52-week high of the shares is $18.26 and the 52 week low is $13.81. The company has a current market capitalization of $117 M and it has 65,10,953 shares in outstanding.

StoneCastle Financial Corp(BANX) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $4.32M. Analysts had an estimated revenue of $4.54M. Earnings per share were $0.40. Analysts had estimated an EPS of $0.40.

Several Insider Transactions has been reported to the SEC. On May 31, 2016, George Shilowitz (President) purchased 1,000 shares at $16.92 per share price.Also, On Nov 19, 2015, Joshua S. Siegel (CEO) purchased 800 shares at $16.65 per share price.On May 26, 2015, Patrick Joseph Farrell (CFO) purchased 500 shares at $16.96 per share price, according to the Form-4 filing with the securities and exchange commission.

StoneCastle Financial Corp. (StoneCastle Financial) is a non-diversified closed-end management investment company. The Company’s primary investment objective is to provide stockholders with current income and capital appreciation. The Company seeks to achieve its investment objectives through investments in preferred equity subordinated debt convertible securities and common equity primarily in the United States community bank sector. The Company may also invest in similar securities of the United States domiciled banks and companies that provide goods and services to banking companies. StoneCastle Asset Management LLC serves as investment adviser to the Company.

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