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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.
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Stellus Capital Investment reported strong financial results for the first fiscal quarter ended March 31, 2024. The net asset value increased by $0.15 per share, with net investment income of $0.42 per share and core net investment income of $0.44 per share exceeding the regular dividend of $0.40 per share. The loan portfolio yielded 11.9% as of March 31, 2024. Over eleven years, investors received $252 million in distributions.
Stellus Capital Investment (NYSE: SCM) is set to announce its first-quarter financial results on May 9, 2024, followed by a conference call on May 10, 2024. The call will be led by the CEO and CFO, providing a platform for investors to discuss the company's performance.