ArrowMark Financial Corp. Announces Long Term Capital Gain Distribution of $0.42 Per Share

DENVER, Sept. 15, 2023 (GLOBE NEWSWIRE) -- ArrowMark Financial Corp., (NASDAQ: BANX) ("ArrowMark Financial" or the “Fund”), today announced that its Board of Directors declared a long term capital gain distribution of $0.42 per share, which represents the long term capital gains generated in the fiscal year ended December 31, 2022. This distribution is required in order to meet Regulated Investment Company and IRS excise tax requirements and avoid taxes at the Fund level.

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