CION Investment Has Declared A Mid-Year Supplemental Distribution For The Period Ending June 30, 2024 In The Amount Of $0.05 Per Share; Distributions Declared In The First Half Of 2024 Total $0.75 Per Share

6/12/24 8:12:16 AM ET

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Distributions Declared in the First Half of 2024 Total $0.75 Per Share

CION Investment Corporation (NYSE:CION) ("CION") today announced that it has declared a mid-year supplemental distribution for the period ending June 30, 2024 in the amount of $0.05 per share, payable on July 12, 2024 to shareholders of record as of June 28, 2024.

Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce our mid-year supplemental distribution, based on the sustained performance of our conservatively positioned investment portfolio. We remain focused on generating attractive returns for CION shareholders and believe our recently increased quarterly base distribution in addition to our supplemental distribution reflect continued success in executing on our long-term strategy."

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Date	Price Target	Rating	Analyst
6/20/2023	$11.50	Market Perform	Hovde Group
4/18/2023	$10.50 → $9.25	Overweight → Equal Weight	Wells Fargo
7/25/2022	$11.50 → $9.50	Equal Weight → Overweight	Wells Fargo
11/1/2021	$12.50	Equal-Weight	Wells Fargo

CION Investment Has Declared A Mid-Year Supplemental Distribution For The Period Ending June 30, 2024 In The Amount Of $0.05 Per Share; Distributions Declared In The First Half Of 2024 Total $0.75 Per Share

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