Stellus Capital Investment Corporation Announces Record Date Changes to its $0.40 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.1333 in February, March, and April 2025
Rhea-AI Summary
Stellus Capital Investment (NYSE: SCM) has announced its Board of Directors' declaration of monthly dividends for the first quarter of 2025. The company will distribute $0.40 per share in total, paid in three monthly installments of $0.1333 each.
The payments are scheduled as follows: the first payment will be made on February 14, 2025, to shareholders of record as of January 31, 2025; the second payment on March 14, 2025, to shareholders of record as of February 28, 2025; and the third payment on April 15, 2025, to shareholders of record as of March 31, 2025.
Positive
- Maintained consistent quarterly dividend of $0.40 per share
- Regular monthly dividend payments provide steady income stream for shareholders
Negative
- None.
News Market Reaction
On the day this news was published, SCM declined 0.80%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Summary of First Quarter 2025 Regular Monthly Dividends
Declared | Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
1/9/2025
| 1/31/2025 | 1/31/2025 | 2/14/2025 | |
1/9/2025
| 2/28/2025 | 2/28/2025 | 3/14/2025 | |
1/9/2025
| 3/31/2025 | 3/31/2025 | 4/15/2025 |
About Stellus Capital Investment Corporation
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
FORWARD-LOOKING STATEMENTS
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
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SOURCE Stellus Capital Investment Corporation