Welcome to our dedicated page for Stellus Cap Invt news (Ticker: SCM), a resource for investors and traders seeking the latest updates and insights on Stellus Cap Invt stock.
Stellus Capital Investment Corporation (NYSE: SCM) provides investors and financial professionals with comprehensive access to official company news and market developments. This centralized resource aggregates all press releases, regulatory filings, and strategic updates from the middle-market investment specialist.
Track SCM's activity across key areas including quarterly earnings reports, debt financing transactions, portfolio company updates, and risk management initiatives. The collection serves as a vital research tool for monitoring the company's performance in business services, energy, healthcare, and other core sectors.
All content undergoes strict verification to ensure accuracy and compliance with financial disclosure standards. Users benefit from chronological organization and full-text search capabilities for efficient navigation of historical and current developments.
Bookmark this page for direct access to SCM's verified financial communications, or subscribe to receive automatic updates on new filings and material events affecting the company's investment portfolio.
Stellus Capital Investment (NYSE: SCM) has declared its second quarter 2025 dividend distributions. The company's Board of Directors approved a monthly dividend of $0.1333 per share for each month of the quarter (May, June, and July 2025), totaling $0.40 per share for Q2 2025.
The dividend payments are scheduled as follows:
- $0.1333 payable on May 15, 2025 (record date: April 30, 2025)
- $0.1333 payable on June 13, 2025 (record date: May 30, 2025)
- $0.1333 payable on July 15, 2025 (record date: June 30, 2025)
Stellus Capital Investment (NYSE: SCM) has announced the pricing of $75 million aggregate principal amount of 7.25% notes due 2030. The notes, priced on March 25, 2025, will mature on April 1, 2030, with interest payable semi-annually starting October 1, 2025.
The notes can be redeemed at any time at par plus a 'make-whole' premium. Raymond James & Associates is leading the offering, with Goldman Sachs & Co. and Keefe, Bruyette & Woods as passive book-runners. The expected delivery date is April 1, 2025.
The company plans to use the net proceeds to repay part of its outstanding credit facility, which stood at $236.4 million as of March 24, 2025. SCM may re-borrow under the facility to invest in lower middle-market companies and for working capital purposes.
Stellus Capital Investment (NYSE:SCM) has reported its Q4 and full-year 2024 financial results. The company achieved net investment income of $0.35 per share and core net investment income of $0.37 per share for Q4 2024. During the quarter, Stellus funded $109 million in investments and received $65 million in repayments, bringing the total portfolio to $953 million at fair value.
Investment income for Q4 2024 was $25.6 million, compared to $28.0 million in Q4 2023. Gross operating expenses decreased to $16.0 million from $16.4 million year-over-year. The company declared aggregate distributions of $0.40 per share for Q4 2024, totaling $10.9 million. As of December 31, 2024, Stellus had $175.4 million in outstanding borrowings under its Credit Facility, which provides for aggregate borrowings up to $315.0 million.
Stellus Capital Investment (NYSE: SCM) has announced it will release its financial results for Q4 and full-year 2024 on Tuesday, March 4, 2025, after market close. The company will host a conference call to discuss these results on Wednesday, March 5, 2025, at 10:00 AM Central Time.
The conference call will be led by Robert T. Ladd, CEO, and W. Todd Huskinson, CFO, CCO, Treasurer, and Secretary. Investors can join via phone at 888-506-0062 (passcode: 643131) or through a live webcast available on the company's website. A replay will be accessible until March 19, 2025, by dialing 877-481-4010 (passcode: 52042) or on the website for approximately 90 days.
Stellus Capital Investment (NYSE: SCM) has announced its Board of Directors' declaration of monthly dividends for the first quarter of 2025. The company will distribute $0.40 per share in total, paid in three monthly installments of $0.1333 each.
The payments are scheduled as follows: the first payment will be made on February 14, 2025, to shareholders of record as of January 31, 2025; the second payment on March 14, 2025, to shareholders of record as of February 28, 2025; and the third payment on April 15, 2025, to shareholders of record as of March 31, 2025.
Stellus Capital Investment (NYSE: SCM) has declared its first quarter 2025 dividend schedule. The company's Board of Directors approved a total regular dividend of $0.40 per share for Q1 2025, to be paid in three monthly installments of $0.1333 per share.
The dividends will be distributed according to the following schedule: February 14, 2025 (record date January 31); March 14, 2025 (record date February 29); and April 15, 2025 (record date March 29).
Stellus Capital Investment (NYSE:SCM) reported financial results for Q3 2024, achieving net investment income of $0.39 per share and core net investment income of $0.40 per share, fully covering the declared dividend of $0.40 per share. Net asset value increased by $0.19 per share from the previous quarter. The company expanded its Credit Facility by $55 million to $315 million after quarter-end. Investment income totaled $26.5 million, with total investments at fair value reaching $908.7 million across 99 portfolio companies. The weighted average yield on total investments was 10.3%, and the company declared monthly distributions of $0.1333 per share for October, November, and December 2024.
Stellus Capital Investment (NYSE: SCM) announced it will release its third quarter 2024 financial results on Thursday, November 7, 2024, after market close. The company will host a conference call to discuss the results on Friday, November 8, 2024, at 11:00 AM Central Time, led by CEO Robert T. Ladd and CFO W. Todd Huskinson. The call will be accessible via phone at 888-506-0062 (passcode: 122799) and through a webcast on the company's website. A replay will be available until November 22, 2024.
Stellus Capital Investment (NYSE: SCM) has announced its fourth quarter 2024 dividend distribution. The company's Board of Directors has declared a monthly dividend of $0.1333 for each month of the quarter, totaling $0.40 per share for Q4 2024. This regular dividend will be paid to shareholders of record in November and December 2024, and January 2025.
The dividend payment schedule is as follows:
- $0.1333 per share payable on November 15, 2024, to shareholders of record on October 31, 2024
- $0.1333 per share payable on December 13, 2024, to shareholders of record on November 29, 2024
- $0.1333 per share payable on January 15, 2025, to shareholders of record on December 31, 2024
Stellus Capital Investment (NYSE:SCM) reported financial results for Q2 2024 ended June 30. Key highlights include:
- Net investment income of $0.48 per share
- Core net investment income of $0.50 per share
- Net asset value of $13.36 per share
- New investments of $66.3 million
- Repayments of $40.7 million
- Declared distributions of $0.40 per share
The loan portfolio yield was 11.7% as of June 30, 2024. SCM completed over 11 years of operations, with investors receiving $262 million in total distributions ($15.75 per share). The company had $169.4 million outstanding under its credit facility as of June 30, 2024.
FAQ
What is the current stock price of Stellus Cap Invt (SCM)?
What is the market cap of Stellus Cap Invt (SCM)?
