CION Investment Corp: CICC Are The New Baby Bonds Form This BDC, Yielding 7.5%

CION Investment Corporation is a BDC specializing in senior secured loans to middle-market companies, with $1.8 billion in assets. CION runs higher leverage than peers and faces a 2027 maturity wall but is proactively refinancing with new baby bond issuances. Recent performance for common shareholders has been disappointing, including a dividend cut and a persistent discount to NAV versus peers.

Seeking Alpha • Feb 19, 2026

Why More BDCs Are Likely To Cut Their Dividends

Business Development Companies (BDCs) face headwinds from declining interest rates, which pressure yields and dividend coverage across the sector. Lower rates reduce BDC income as loan yields fall, increasing the risk of dividend cuts—recently seen with GBDC and CION. I favor avoiding most BDCs in 2026, except for high-quality names like CSWC and ARCC, which offer relative resilience due to premium valuations and scale.

Seeking Alpha • Feb 10, 2026

CION Investment Corporation Announces Pricing of Public Offering of Unsecured Notes Due 2031

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (the “Company” or “CION”) announced today that it has priced an underwritten public offering of $125.0 million aggregate principal amount of unsecured notes due 2031 (the “Notes”), which will result in net proceeds to the Company of approximately $121.25 million after the payment of underwriting discounts and commissions and not including estimated offering expenses payable by the Company. The Notes will mature on March 31, 203.

Business Wire • Feb 3, 2026

Two 12%+ Dividends Going From Bargains To Buys

Investors are currently adopting a more conservative stance, favoring high-quality value and durable income. However, this rotation coupled with lower interest rates echoes a bit 2022's system-wide yield compression (when high-quality income was overcrowded due to a desparate search-for-yield activity). So, finding double digit dividends that are backed by strong fundamentals has become more difficult.

Seeking Alpha • Jan 23, 2026

CION Investment Corporation Schedules 2025 Fourth Quarter and Year-End Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the fourth quarter and year ended December 31, 2025 on Thursday, March 12, 2026, 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.

Business Wire • Jan 21, 2026

How I'm Taking Shelter From BDC Dividend Cut Storm

The BDC sector is slowly rebounding, but still faces looming dividend cuts as NII per share declines with lower base rates and spread compression. Average BDC base dividend coverage is 100%, and debt-to-equity is 1.22x, leaving little margin for sustaining current payouts without asset sales or leverage. Dividend cuts of 15-20% are likely sector-wide but remain acceptable given prevailing yields (as long as non-accruals do not get involved).

Seeking Alpha • Jan 18, 2026

Cream Rises To The Top: 2 Top-Tier BDCs To Buy

Most BDC investors are value investors, who focus on income. The higher the multiple, the lower the yield - i.e., a mechanic that leads "bargain hunters" underemphasizing high P/NAV BDCs. In the article I detail why this kind of approach might be suboptimal.

Seeking Alpha • Jan 14, 2026

My 2 High Conviction BDC Picks To Beef Up Returns

I focus on business development companies, or BDCs, with durable dividends, strong downside protection, and resilience to rate and credit risk shifts. However, there is also a merit of including BDCs, which would qualify for tactical investment bucket - i.e., high risk, high return. In the article I outline the rationale of having such exposures and provide two practical examples, which carry high potential to beef up the total return component.

Seeking Alpha • Jan 8, 2026

Top Stocks With Solid Shareholder Yield in Today's Macro Environment

Cooling inflation and Fed rate cuts lift the appeal of shareholder-yield stocks, with CION, CIB & WPC showing how dividends, buybacks and debt cuts can steady returns.

Zacks Investment Research • Jan 8, 2026

CION Investment Corporation Declares Base Distributions Totaling $0.30 Per Share for Q1 2026

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it has declared base distributions of $0.10 per share for each of January, February, and March 2026, which represents a total of $0.30 per share for the first quarter of 2026, payable to shareholders as follows: Declaration Date Record Date Payment Date Amount Per Share 1/6/2026 1/16/2026 1/30/2026 $0.10 1/6/2026 2/13/2026 2/27/2026 $0.10 1/6/2026 3/13/2026 3/27/2026 $0.10             Total Q1 2026.

Business Wire • Jan 7, 2026