Stellus Capital Investment Corporation Announces $0.34 Third Quarter 2022 Regular and Additional Dividends, Payable Monthly in Increments of $0.1133 in August, September, and October 2022
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
Positive
- Regular monthly dividends of $0.0933 per share boost shareholder income.
- Total dividend payout of $0.34 per share demonstrates ongoing company confidence.
Negative
- None.
Details
News Market Reaction – SCM
The recorded move for SCM in the trading session of this news was -1.41%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, July 14, 2022 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of
Summary of Third Quarter 2022 Regular Monthly Dividends
Declared | Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
7/13/2022 | 7/28/2022 | 7/29/2022 | 8/15/2022 | |
7/13/2022 | 8/30/2022 | 8/31/2022 | 9/15/2022 | |
7/13/2022 | 9/29/2022 | 9/30/2022 | 10/14/2022 |
Summary of Third Quarter 2022 Additional Monthly Dividends
Declared | Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
7/13/2022 | 7/28/2022 | 7/29/2022 | 8/15/2022 | |
7/13/2022 | 8/30/2022 | 8/31/2022 | 9/15/2022 | |
7/13/2022 | 9/29/2022 | 9/30/2022 | 10/14/2022 |
The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with
Statements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-announces-0-34-third-quarter-2022-regular-and-additional-dividends-payable-monthly-in-increments-of-0-1133-in-august-september-and-october-2022--301586489.html
SOURCE Stellus Capital Investment Corporation
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.