StoneCastle Financial is registered as a non-diversified, closed-end management investment company. Co.'s investment objective is to provide stockholders with existing income, and to a lesser extent capital appreciation. Co. invests in preferred equity, subordinated debt, convertible securities and, to a lesser extent, common equity primarily in the United States community bank sector. Co. may also invest in similar securities of larger United States domiciled banks and companies that provide goods and/or services to banking companies. The BANX stock yearly return is shown above.
The yearly return on the BANX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BANX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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