---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-059142"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:44:17.938315+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CION Q1 NII $0.60/share, raises quarterly dividend to $0.36 from $0.34

## Summary
- NII per share $0.60, EPS $0.12; total investment income $73.6M vs $60.0M in Q4 2023.
- NAV per share $16.05 vs $16.23 at Dec 31; portfolio fair value $1.74B across 109 companies.
- Debt-to-equity 1.24x, net debt-to-equity 1.03x; non-accruals 0.86% of fair value, improved from 0.89%.
- Q2 base dividend raised to $0.36/share (5.9% increase), payable June 17, record June 3.
- Repurchased 424,031 shares at avg $11.01 for $4.7M in Q1; cumulative 3.2M shares for $31.6M.

## SEC filing metadata
- accession: 0001104659-24-059142
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465924059142/0001104659-24-059142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465924059142/tm2413780d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-059142
- JSON: https://secwatch.observer/filing/0001104659-24-059142.json
- Plain text: https://secwatch.observer/filing/0001104659-24-059142.txt

## Key facts
- Earnings Releases
  CION Investment Corp reported the first quarter ended March 31, 2024 results: revenue $73.6 million, net income $ 6,445, EPS $0.12 per share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $73.6 million
  - Net income: $ 6,445
  - EPS: $0.12 per share
  - Result: reported results
  source text: outstanding 53,960,698 54,292,065 Distributions declared per share $ 0.34 $ 0.54 Total investment income for the three months ended March 31, 2024 and December 31, 2023 was $73.6 million and $60.0 million, respectively. The increase in total investment income was primarily driven by additional investment income from origination and restructuring activities and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465924059142/0001104659-24-059142-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.