Stellus Cap Invt Corp Stock Price, News & Analysis

On October 4, 2022, Stellus Capital Investment Corporation (NYSE: SCM) declared a monthly dividend of $0.0933 and an additional dividend of $0.02 for each of October, November, and December 2022. This totals $0.34 per share for the fourth quarter. The regular dividend of $0.28 per share will be paid alongside an additional $0.06 per share, ensuring shareholders receive $0.34 in total. Key dates include payment on November 15 and December 29 for the declared dividends.

Stellus Capital Investment Corporation (NYSE: SCM) reported positive financial results for the second quarter of 2022, covering its dividend with a net investment income of $6.17 million ($0.32 per share). The portfolio's fair value grew to $852 million, and the bank credit facility was expanded to $265 million. The yield on loans increased by 80 basis points since Q1. An additional dividend of $0.06 was declared for Q3, totaling $0.34 per share. Despite unrealized depreciation on investments of $4.29 million, the company maintains asset quality.

Stellus Capital Investment Corporation (NYSE: SCM) will announce its financial results for Q2 2022 on August 3, 2022, after market close. A conference call to discuss the results is scheduled for August 4, 2022, at 11:00 AM CDT, hosted by CEO Robert T. Ladd and CFO W. Todd Huskinson. Investors can access the call via phone or a live webcast on their website. Stellus Capital focuses on maximizing returns for stockholders through investments in private middle-market companies, utilizing various debt financing methods.

Stellus Capital Investment Corporation (NYSE: SCM) has declared a monthly dividend of $0.0933 and an additional dividend of $0.02 for July, August, and September 2022, totaling $0.34 per share for the third quarter. The regular dividend will be paid alongside an additional dividend, constituting $0.34 in total for shareholders of record. Key dates include the ex-dividend dates on July 28, August 30, and September 29, with payment dates scheduled for August 15, September 15, and October 14.

Stellus Capital Management announced the final close of the Stellus Credit Fund III (SCF III), surpassing its target by raising approximately $1.8 billion. This fund, which succeeded SCF II (closed in September 2018 with $478 million), has allocated investments to 36 portfolio companies. Stellus also launched the Stellus Private Credit BDC, securing $225 million in anchor capital. The firm emphasizes a robust strategy in private credit investments across various industries in the U.S. and Canada.

Stellus Capital Investment Corporation (NYSE: SCM) reported solid financial results for Q1 2022, achieving net investment income of $5.51 million, or $0.28 per share, compared to $5.06 million, or $0.26 per share, in Q1 2021. The company's portfolio increased in fair value by $65 million, reaching $838 million. A total of $3.4 million in realized gains was generated, with a quarterly dividend of $0.28 per share covered by net investment income. An additional dividend of $0.06 for Q2 2022 was declared, totaling $0.34 per share, payable in three increments.

Stellus Capital Investment Corporation (NYSE: SCM) will announce its financial results for Q1 ending March 31, 2022, on May 11, 2022, post-market close. A conference call will follow on May 12, 2022, at 10:00 AM CDT, hosted by CEO Robert T. Ladd and CFO W. Todd Huskinson. Investors may join the call via phone or live webcast through Stellus Capital's website. The company focuses on private middle-market investments, aiming to maximize total returns for shareholders through various financing methods.

Stellus Capital Investment Corporation (NYSE: SCM) reported strong financial results for the fourth quarter and full year 2021. The company achieved a net investment income of $19.8 million, or $1.01 per share, despite a slight decline from $22.0 million in 2020. They raised their quarterly dividend from $0.25 to $0.28 and declared an additional $0.09 per share. Total realized income reached $40.5 million, bolstered by $20.8 million in realized gains from equity investments. The net asset value per share increased to $14.61, reflecting a solid investment portfolio growth.

Stellus Capital Investment Corporation (NYSE: SCM) will announce its fourth-quarter and annual financial results for the year ending December 31, 2021 on March 1, 2022, post-market close. A conference call to discuss the results will take place on March 2, 2022, at 9:00 AM CST, led by CEO Robert T. Ladd and CFO Todd Huskinson. Investors can access the call via phone or live webcast through the company’s website. Stellus Capital focuses on private middle-market companies through various debt financing and equity investments.