secwatch.observer — SEC 8-K summary
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Issuer:     CION Investment Corp (CION)
CIK:        0001534254
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001104659-24-059142
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924059142/0001104659-24-059142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534254/000110465924059142/tm2413780d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-059142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer