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John Scott Emrich, a director at ArrowMark Financial Corp. (NASDAQ:BANX), recently sold 1,000 shares of the company’s common stock. ArrowMark, with a market capitalization of $149 million, currently trades near its 52-week high of $21.67 and offers investors a substantial 14.25% dividend yield. The shares were sold at a weighted average price of $21.01 per share, totaling $21,010. Following this transaction, Emrich’s direct ownership in ArrowMark Financial stands at approximately 4,724.92 shares. The shares were sold in multiple transactions, with prices ranging from $20.98 to $21.03. According to InvestingPro, the stock has demonstrated low price volatility and maintained dividend payments for 13 consecutive years, with several more key insights available to subscribers.
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