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) is a business development company that regularly reports detailed financial and portfolio information, making its news flow particularly relevant for investors who follow private credit and middle-market lending. As an externally managed, closed-end, non-diversified investment management company, Stellus Capital Investment Corporation focuses on generating current income and capital appreciation by investing primarily in debt of private middle-market and lower middle-market companies, often alongside equity positions.
The SCM news stream features recurring quarterly earnings releases in which the company discusses net investment income, core net investment income, realized and unrealized gains or losses, and changes in net asset value. These updates also include portfolio metrics such as investments at fair value, total assets, net assets, number of portfolio company investments, and weighted average yields on debt and other income-producing investments.
Investors can also find announcements about dividends and distributions, including regular monthly dividends that aggregate to a stated amount per share each quarter. Stellus Capital Investment Corporation discloses record dates, ex-dividend dates, and payment dates for these distributions.
Another key news category involves capital markets and financing activities, such as offerings and reopenings of unsecured notes, redemptions of existing notes, amendments to the senior secured revolving credit facility, and the establishment or use of at-the-market equity programs. These items provide insight into the company’s funding structure, cost of capital, and leverage tools.
Conference call announcements and time changes for earnings calls are also part of the SCM news flow, giving investors scheduling details to listen to management’s commentary on performance and portfolio developments. For users of Stock Titan, the SCM news page offers a centralized feed of these earnings, dividend, financing, and corporate governance updates, allowing for ongoing monitoring of Stellus Capital Investment Corporation’s activities.
On November 1, 2021, Stellus Capital Investment Corporation (NYSE: SCM) announced an additional quarterly dividend of $0.06 per share, to be paid in three monthly installments of $0.02 each starting February 15, 2022. This decision was driven by significant realized gains from their equity portfolio in Q3 2021. This dividend is in addition to the regular quarterly dividend of $0.28 per share for Q4 2021. The ex-dividend dates range from January 27 to March 30, 2022, with record dates from January 28 to March 31, 2022.
Stellus Capital Investment Corporation (NYSE: SCM) reported strong Q3 2021 results, highlighting a core net investment income of $0.31 per share, surpassing the $0.27 dividend. The net investment income on a GAAP basis was $0.21 per share. The firm achieved $7.9 million in realized gains, leading to an increase in net asset value and a dividend hike to $0.28 for Q4. The investment portfolio's fair value remained stable, with year-to-date investments at $243 million. Total assets reached $827 million and net assets stood at $275.6 million.
Stellus Capital Investment Corporation (NYSE: SCM) will announce its third-quarter financial results for the period ending September 30, 2021, on October 28, 2021, post-market. A conference call to discuss these results is scheduled for October 29, 2021, at 10:00 AM CDT, hosted by CEO Robert T. Ladd and CFO W. Todd Huskinson. The call can be accessed via phone or webcast on the company's website. Stellus aims to maximize shareholder returns through investments in private middle-market companies.
Stellus Capital Investment Corporation (NYSE: SCM) has declared a regular monthly dividend of $0.28 per share for the fourth quarter of 2021, marking a $0.01 increase compared to the previous quarter. The dividend will be distributed over three months, with payment dates scheduled for November 15, December 31, and December 31. Shareholders should note the corresponding ex-dividend and record dates as October 28, November 29, and December 15 for the respective payments. This increase highlights the company’s commitment to returning value to its shareholders.
Stellus Capital Investment Corporation (NYSE: SCM) reported its Q2 2021 financial results, showing a net investment income of $0.28 per share, covering dividends of $0.25 per share. Core net investment income rose to $0.30 per share. The company increased its regular dividend to $0.27 per share and declared $0.03 in supplemental dividends for Q3. The portfolio value grew to approximately $782 million, with significant investments totaling $92 million made in the quarter. The company's year-to-date investments reached $185 million, maintaining a strong capital pipeline.
Stellus Capital Investment Corporation (NYSE:SCM) announced a rescheduling of its earnings conference call for Q2 2021 results. The call will occur on August 3, 2021, at 11:00 AM Central Time, led by CEO Robert T. Ladd and CFO Todd Huskinson. Participants can join via telephone or live webcast. A replay will be available for 24 hours after the call and on the company's website for 90 days. Stellus focuses on maximizing total returns for shareholders through investments in private middle-market companies, utilizing various debt financing and equity investments strategies.
Stellus Capital Investment Corporation (NYSE: SCM) will announce its Q2 2021 financial results on August 2, 2021, after market close. A conference call to discuss the results is scheduled for August 3, 2021, at 10:00 AM CDT, led by CEO Robert T. Ladd and CFO W. Todd Huskinson. The call can be accessed via phone or live webcast on the company’s website. Stellus Capital focuses on maximizing total returns for stockholders by investing in private middle-market companies through various debt financing and equity investments.
Stellus Capital Investment Corporation (NYSE: SCM) announced a monthly dividend increase to $0.27 per share for July, August, and September, up by $0.02 from the previous quarter. Additionally, a supplemental dividend of $0.01 per share is declared for each of these months. The ex-dividend dates are July 29, August 30, and September 29, with payment dates set for August 13, September 15, and October 15, respectively. This reflects the company’s commitment to returning value to shareholders.
Stellus Capital Investment Corporation (NYSE: SCM) reported Q1 2021 net investment income of $0.26 per share, covering its $0.25 dividend. Core net investment income was $0.28 per share. The portfolio reached over $714 million, boosted by $93 million in new investments. The company issued $100 million in bonds, enhancing capital capacity. Total investment income decreased from $15.3 million in Q1 2020 to $14 million in Q1 2021. Distributions were consistent at $0.25 per share, while net assets increased slightly to $273.4 million, with a stable net asset value per share of $14.03.
Stellus Capital Investment Corporation (NYSE: SCM) has declared a monthly dividend of $0.0833 per share for April, May, and June 2021, totaling $0.25 for the second quarter. The ex-dividend date is April 29, with record dates on April 30, May 28, and June 30. Payments will be made on May 14, June 15, and July 15. Stellus focuses on maximizing returns through investments in private middle-market companies.