PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) Trading 0.4% Higher – What’s Next?

PhenixFIN Co. 5.25% Notes due 2028 (NASDAQ:PFXNZ) shares traded up 0.4% on Tuesday . The company traded as high as $23.80 and last traded at $23.73. 4,931 shares were traded during mid-day trading, an increase of 52% from the average session volume of 3,242 shares. The stock had previously closed at $23.63.

PhenixFIN Co. 5.25% Notes due 2028 Stock Performance

The firm’s 50 day moving average price is $23.62 and its 200-day moving average price is $23.61.

PhenixFIN Co. 5.25% Notes due 2028 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of $0.3281 per share. The ex-dividend date is Wednesday, April 15th. This represents a $1.31 dividend on an annualized basis and a yield of 5.5%.

About PhenixFIN Co. 5.25% Notes due 2028

The PhenixFIN Co 5.25% Notes due 2028 (NASDAQ: PFXNZ) are senior unsecured debt securities issued by PhenixFIN Co, an indirect wholly-owned subsidiary of PhenixFIN Corporation. These fixed-rate notes pay interest semi-annually at a rate of 5.25% and mature on September 6, 2028. They trade on the NASDAQ Capital Market under the ticker PFXNZ, offering investors exposure to the growth of a specialist finance company through a publicly listed bond.

PhenixFIN Corporation is a fintech-driven specialty finance platform that provides receivables financing solutions to small and medium-sized enterprises in the United States.