STOCK TITAN
  1. Home
  2. News
  3. SCM

Stellus Capital Investment Corp - SCM STOCK NEWS

Welcome to our dedicated news page for Stellus Capital Investment (Ticker: SCM), a resource for investors and traders seeking the latest updates and insights on Stellus Capital Investment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stellus Capital Investment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stellus Capital Investment's position in the market.

News
Stellus Capital Investment Corporation Announces Ex-Dividend Date Changes to its $0.40 Second Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in May, June, and July 2024
Rhea-AI Summary
Stellus Capital Investment (SCM) announced changes to ex-dividend dates for monthly dividends in June and July 2024 due to compliance with amended Securities Exchange Act Rule 15c6-1. The Company declared a monthly dividend of $0.1333 for April, May, and June, totaling $0.40 per share for the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
dividends earnings
-
News
Stellus Capital Investment Corporation Announces $0.40 Second Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in May, June, and July 2024
Rhea-AI Summary
Stellus Capital Investment (SCM) declares monthly dividends of $0.1333 per share for April, May, and June 2024, totaling $0.40 per share for the second quarter. Shareholders of record in May, June, and July will receive $0.40 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
dividends earnings
-
News
Stellus Capital Investment Corporation Reports Results for its Fourth Fiscal Quarter and Year Ended December 31, 2023
Rhea-AI Summary
Stellus Capital Investment Corporation (SCM) reported solid financial results for Q4 2023, with net investment income of $0.49 per share and core net investment income of $0.50 per share. The loan portfolio yielded 11.9% as of December 31, 2023. Over eleven years, investors received $246 million in distributions, equivalent to $15.08 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
earnings
News
Stellus Capital Investment Corporation Schedules 2023 Fourth Quarter and Annual Financial Results Conference Call
Rhea-AI Summary
Stellus Capital Investment Corporation (NYSE: SCM) will release its Q4 and full-year 2023 financial results on March 4, 2024. A conference call led by CEO Robert T. Ladd and CFO W. Todd Huskinson will discuss the results on March 5, 2024. Investors can join via phone or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
Tags
earnings
-
News
Stellus Capital Management, LLC Provides Unitranche Financing in Support of Clearview Capital’s Investment in AdCellerant LLC.
Rhea-AI Summary
Stellus Capital Management, LLC announced its affiliates' participation in providing senior debt financing and an equity co-investment in support of Clearview Capital’s investment in AdCellerant, a provider of outsourced digital marketing software and services. AdCellerant partners with media companies and agencies to provide outsourced execution across a range of digital marketing tactics on a white label basis, powered by UI.Marketing, a proprietary technology platform. The Company is led by an experienced management team, and Clearview Capital expressed confidence in AdCellerant’s industry-leading digital marketing capabilities and innovative technology.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
none
-
News
Stellus Capital Management, LLC Provides Unitranche Financing and Equity Co-Invest in Support of Interlock Equity’s Investment in evolv Consulting
Rhea-AI Summary
Stellus Capital Management, LLC provided senior debt financing and equity co-investment in support of Interlock Equity’s investment in evolv Consulting, a data-driven digital consulting firm specializing in business strategy, data & analytics, and digital transformation. The Company offers services to enterprise customers in the financial services, manufacturing, and healthcare industries. Interlock's Managing Director expressed excitement about the partnership and Stellus' efficiency and flexibility throughout the transaction process. Stellus' Principal highlighted evolv's rapid growth and potential for continued success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
none
News
Stellus Capital Investment Corporation Announces $0.40 First Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in February, March, and April 2024
Rhea-AI Summary
Stellus Capital Investment Corporation (SCM) has declared a monthly dividend of $0.1333 for January, February, and March, totaling $0.40 per share for the first quarter of 2024. The regular dividend will be paid to shareholders of record in February, March, and April 2024. The ex-dividend date, record date, and payment dates are also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
dividends earnings
-
News
Stellus Capital Management, LLC Provides Unitranche Financing in Support of Summit Park’s Acquisition of Michelli Weighing & Measurement
Rhea-AI Summary
Stellus Capital Management, LLC (SCM) provided senior debt financing and equity co-investment in support of Summit Park’s acquisition of Michelli Weighing & Measurement, a leading provider of test and measurement services and equipment. Michelli, founded in 1947 and headquartered in New Orleans, LA, operates 30 locations across 11 U.S. states, serving over 6,000 customers in various end markets. Summit Park plans to expand Michelli's service offering and capitalize on growth opportunities within the industrial weighing and precision measurement markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
Tags
acquisition
-
News
Stellus Capital Investment Corporation Reports Results for its Third Fiscal Quarter Ended September 30, 2023
Rhea-AI Summary
Stellus Capital Investment Corporation (NYSE:SCM) announced solid operating results for Q3 2023, with U.S. GAAP net investment income of $0.47 per share and core net investment income of $0.49 per share covering the regular dividend declared of $0.40 per share. The portfolio grew by a net $5 million to $886 million at fair value, with the loan portfolio yielding 11.5% as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.75%
Tags
earnings
News
Stellus Capital Investment Corporation Schedules Third Quarter 2023 Financial Results Conference Call
Rhea-AI Summary
Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the third quarter ended September 30, 2023 on Tuesday, November 7, 2023. A conference call to discuss these results will be held on Wednesday, November 8, 2023 at 10:00 AM, Central Time. The call will be led by Robert T. Ladd, CEO, and W. Todd Huskinson, CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
earnings
Stock SCM logo
Stellus Capital Investment Corp

NYSE:SCM

SCM Rankings

#3303 Ranked by Market Cap
#2458 Ranked by Stock Gains
#129 Ranked by Dividends

SCM Stock Data

323.28M
4.64%
13.98%
0.36%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Houston

About SCM

stellus capital management is a financial services company based out of calle laguna del marquesado nª 19, nave 16 edificio adriana 1ª planta, polígono industrial la resina (villaverde), madrid, community of madrid, spain.