CION Investment Corp

CION Investment Corp. operates as a non-trading business development company. The firm invests in senior secured debt of U.S. middle market companies, including unitranche, second lien, long-term subordinated and mezzanine loans, and equity interests such as warrants or options and corporate bonds, and other debt securities in middle-market companies. It also invests in the secondary loan market. The company was founded on August 9, 2011 and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CION Investment Corp posts strong Q1 earnings, eyes growth opportunities

CION Investment Corp reported a robust Q1 2024 performance, driven by strong net investment income and portfolio growth. Despite challenges in larger capital loan markets, the company's focus on the middle market and disciplined investment strategies have proven effective. With plans to extend debt facilities and capitalize on growth opportunities, CION remains well-positioned for future success.

CION Investment Corp reports resilient performance amidst credit challenges

CION Investment Corp navigated the competitive credit environment well, reporting satisfactory results for Q3 2024.
Despite challenges in credit risk management and portfolio valuation, the company's strategic focus on income generation and prudent investments remains a strength.
Opportunities lie in the rebuilding deal pipeline and strategic portfolio activities, offering potential for growth and optimization in the future.

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In this article I discuss my Income Compounder portfolio strategy, which focuses on generating a steady stream of passive income for retirement. The article reviews three REITs (AGNC, IVR, EFC) and three BDCs (FSK, TRIN, CION) that I hold in my Schwab IRA. I provide insights on the performance, dividends, and future prospects of each investment.

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CION Investment Corporation (NYSE:CION ) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Charlie Arestia - MD and Head of IR Michael Reisner - Co-CEO Gregg Bresner - President and CIO Keith Franz - CFO Conference Call Participants Erik Zwick - Hovde Group Operator Greetings, and welcome to the CION Investment Corporation First Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode.

CION Investment Corporation (CION) Q1 2024 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the first quarter ended March 31, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on May 6, 2024, its co-chief executive officers declared a second quarter 2024 base distribution of $0.36 per share, payable on June 17, 2024 to shareholders of record as of June 3, 2024, which is an increase of $0.02 per share,.

CION Investment Corporation Reports First Quarter 2024 Financial Results

CION Investment Corporation is a BDC that trades at a 32% discount to its NAV price of $16.23. Their dividend is well-covered and management announced a mid-year supplemental dividend.

CION Investment: Q4, The Market May Have This One Wrong (Rating Upgrade)

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NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximately.

CION Investment Corporation Schedules 2024 First Quarter Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”), a leading publicly listed business development company focused on the U.S. middle market, is pleased to announce the appointment of Charlie Arestia as Managing Director and Head of Investor Relations. In this key role, Mr. Arestia will play a pivotal part in fostering and expanding relationships with CION's valued investors. Mr. Arestia will be based in New York and will work closely with CION's senior management and.

CION Investment Corporation Strengthens Leadership Team with the Appointment of Charlie Arestia as Managing Director and Head of Investor Relations

CION Investment performed well in 2023 with a 32% total return but faces challenges in 2024. The company's dividend growth and share price upside potential may be negatively impacted by declining income and high debt maturities. CION's stock price is undervalued based on valuations and net asset value, but its overall rating score is affected by negative growth and poor stock price momentum.

CION Investment: Negative Growth Could Hinder Returns

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CION Investment Corporation (NYSE:CION) Q4 2023 Results Conference Call March 14, 2024 11:00 AM ET

CION Investment Corporation (CION) Q4 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2023 and filed its Form 10-K with the U.S. Securities and Exchange Commission. CION also announced that, on March 11, 2024, its co-chief executive officers declared a first quarter 2024 base distribution of $0.34 per share payable on March 28, 2024 to shareholders of record as of March 22, 2024. FOURTH QUARTER AND OTHER.

CION Investment Corporation Reports Fourth Quarter and Year End 2023 Financial Results

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NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2023 on Thursday, March 14, 2024, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to.

CION Investment Corporation Schedules 2023 Fourth Quarter and Year-End Earnings Release and Conference Call

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MAIN is an established blue-chip BDC that many consider to be the industry's gold standard. CION is a relative newcomer without much of a publicly traded track record to judge it by. That being said, CION trades at a meaningful discount to MAIN and has a bit of a different focus in its investment portfolio.

Main Street Capital Vs. CION Investment: Only One Is A Strong Buy

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NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced that it has declared a special cash distribution for the year ending December 31, 2023 in the amount of $0.15 per share, payable on January 31, 2024 to shareholders of record as of December 22, 2023, which results in an increase in total distributions declared in 2023 of $0.16 per share, or 11.0%, from total distributions declared for the year ended December 31, 2022 of $1.45 per share. This special yea.

CION Investment Corporation Announces Special Year-End 2023 Distribution of $0.15 Per Share

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NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it closed an offering of $100 million in aggregate principal amount of its Senior Unsecured Notes due 2027 (the “Notes”). The Notes will bear interest at a floating rate equal to the three-month Secured Overnight Financing Rate (“SOFR”) plus a credit spread of 4.75% per year and subject to a 2.00% SOFR floor, which will be paid quarterly commencing on February 15, 2024. The Notes will mature on Nov.

CION Investment Corporation Announces the Issuance of $100 Million Floating Rate Senior Unsecured Notes due 2027

CION Investment Corporation (NYSE:CION ) Q3 2023 Earnings Conference Call November 9, 2023 11:00 AM ET Company Participants Michael Reisner - Co-Chief Executive Officer Mark Gatto - Co-Chief Executive Officer Gregg Bresner - President and CIO Keith Franz - Chief Financial Officer Conference Call Participants Erik Zwick - Hovde Group Operator Good morning. And welcome to CION Investment Corporation's Third Quarter 2023 Earnings Conference Call.

CION Investment Corporation (CION) Q3 2023 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the third quarter ended September 30, 2023 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on November 6, 2023, its co-chief executive officers declared a fourth quarter 2023 regular distribution of $0.34 per share payable on December 15, 2023 to shareholders of record as of December 1, 2023. THIRD QUARTER AND OTHE.

CION Investment Corporation Reports Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it closed an additional offering in Israel of approximately $33.7 million in aggregate principal amount of its Series A Unsecured Notes due 2026 (the “Additional Notes”). The Additional Notes were issued by way of expanding, and have the same terms and conditions as, the existing Series A Unsecured Notes due 2026 that were issued by CION in February 2023. The Additional Notes will bear interest at.

CION Investment Corporation Announces Issuance of Approximately $34 Million of Additional Series A Unsecured Notes in Israel

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the third quarter ended September 30, 2023, on Thursday, November 9, 2023, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in app.

CION Investment Corporation Schedules 2023 Third Quarter Earnings Release and Conference Call

CION Investment may struggle to increase earnings due to potential Fed rate cuts, leading to a decline in dividend coverage ratio. The company's cautious investment strategy and low new investments may also negatively impact prospects for sustainable growth in interest income. CION Investment's liquidity position is currently strong, but debt maturities in the future may put pressure on its liquidity.

CION Investment's Dividend Coverage Could Fall On Negative Growth

News for CION Investment Corp ETF (CION)