Stellus Capital Investment Corporation reports news as an externally managed, closed-end, non-diversified investment management company that has elected business development company regulation under the Investment Company Act of 1940. The company invests primarily in private middle-market companies through first lien, second lien, unitranche and mezzanine debt financing, often alongside equity investments, with Stellus Capital Management serving as investment adviser.
Recurring announcements cover quarterly and annual financial results, portfolio funding and repayments, interest income from debt investments, realized and unrealized investment gains or losses, regular monthly dividend declarations, and conference-call schedules tied to financial reporting.
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.
Stellus Capital Investment Corporation (NYSE: SCM) is set to release its first-quarter financial results for the period ending March 31, 2021, on May 6, 2021, after market close. A conference call to discuss these results will take place on May 7, 2021, at 10:00 AM CDT, led by CEO Robert T. Ladd and CFO W. Todd Huskinson. The results are anticipated to provide insight into the company's performance, particularly its strategy of investing in private middle-market companies through various debt financing methods. For more details, visit www.stelluscapital.com.
Stellus Capital Investment Corporation (NYSE: SCM) reported its Q4 and full-year results for 2020, highlighting a net increase in net assets from operations of $20.2 million, or $1.04 per share. The company saw a rise in net asset value per share to $14.03, with a total investment income of $56.7 million, down from $58.9 million in 2019. Despite paying $1.15 in dividends, the company faced a net realized loss of $10.1 million on investments. Stellus improved liquidity through refinancing initiatives and increased investments by $43 million since year-end 2020.
Stellus Capital Investment Corporation (SCM) will announce its fourth quarter and annual financial results for 2020 on March 4, 2021, following market closure. A conference call to discuss these results is scheduled for March 5, 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, with a replay available for a limited time. Stellus Capital primarily invests in private middle-market companies, targeting total returns through income and capital appreciation.