CM Finance Inc (CMFN) Scheduled to Post Quarterly Earnings on Wednesday
CM Finance Inc (NASDAQ:CMFN) will announce its earnings results after the market closes on Wednesday, September 6th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.
Shares of CM Finance Inc (NASDAQ CMFN) opened at 9.95 on Wednesday. CM Finance Inc has a 52 week low of $8.50 and a 52 week high of $10.80. The company’s 50 day moving average price is $10.12 and its 200-day moving average price is $10.20.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 8th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, September 7th. This represents a $1.00 annualized dividend and a dividend yield of 10.05%. CM Finance’s payout ratio is 60.24%.
ILLEGAL ACTIVITY WARNING: This story was first reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/08/30/cm-finance-inc-cmfn-scheduled-to-post-quarterly-earnings-on-wednesday.html.
Separately, Zacks Investment Research upgraded shares of CM Finance from a “sell” rating to a “hold” rating in a report on Monday, July 17th.
About CM Finance
CM Finance Inc is an externally managed, non-diversified closed-end management investment company. The Company is a specialty finance company that invests primarily in the debt of the United States middle-market companies. The Company’s primary investment objective is to maximize total return to stockholders in the form of current income and capital appreciation by investing in debt and related equity of privately held lower middle-market companies.
Receive News & Ratings for CM Finance Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CM Finance Inc and related companies with MarketBeat.com's FREE daily email newsletter.