Stellus Capital Investment (SCM)
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Stellus Capital: Weaker Earnings Driven By Rising Non-Accruals (Rating Downgrade)
Seeking Alpha· 2025-01-15 21:09
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicles - seeking out high quality dividend stocks, and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth sto ...
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
Prnewswire· 2025-01-10 02:37
Dividend Announcement - Stellus Capital Investment Corporation declared a monthly dividend of $0 1333 per share for January, February, and March 2025, totaling $0 40 per share for the first quarter [1] - The dividends will be paid to shareholders of record in February, March, and April 2025 [1] - The ex-dividend dates are January 31, 2025, February 28, 2025, and March 31, 2025, with payment dates on February 14, 2025, March 14, 2025, and April 15, 2025, respectively [2] Company Overview - Stellus Capital Investment Corporation is an externally-managed, closed-end, non-diversified investment management company regulated as a business development company under the Investment Company Act of 1940 [3] - The company's investment objective is to maximize total return to stockholders through current income and capital appreciation by investing primarily in private middle-market companies with EBITDA between $5 0 million and $50 0 million [3] - The company focuses on first lien, second lien, unitranche, and mezzanine debt financing, as well as corresponding equity investments [3] - Investment activities are managed by Stellus Capital Management [3]
Stellus Capital Investment Corporation Announces $0.40 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.1333 in February, March, and April 2025
Prnewswire· 2025-01-09 21:05
HOUSTON, Jan. 9, 2025 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of January, February, and March, totaling $0.40 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.40 per share will be paid to shareholders of record in February, March, and April 2025.Summary of First Quarter 2025 Regular Monthly Dividends Declared Ex-Dividend Date Record Date ...
Stellus Capital: The 12% Yield Could Be At Risk (Rating Downgrade)
Seeking Alpha· 2024-12-03 04:06
A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of SCM either through stock ownership, options, or other derivatives. I wrote this ...
Stellus Capital Investment (SCM) - 2024 Q3 - Earnings Call Transcript
2024-11-08 20:24
Stellus Capital Investment Corporation (NYSE:SCM) Q3 2024 Earnings Conference Call November 8, 2024 12:00 PM ET Company Participants Robert Ladd – Chief Executive Officer Todd Huskinson – Chief Financial Officer Conference Call Participants Paul Johnson – KBW Christopher Nolan – Ladenburg Thalmann Robert Dodd – Raymond James Operator Good day, ladies and gentlemen, and thank you for standing by. At this time, I would like to welcome everyone to Stellus Capital Investment Corporation's Conference Call to rep ...
Stellus Capital (SCM) Q3 Earnings and Revenues Miss Estimates
ZACKS· 2024-11-08 01:50
Stellus Capital (SCM) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -13.04%. A quarter ago, it was expected that this investment company would post earnings of $0.44 per share when it actually produced earnings of $0.50, delivering a surprise of 13.64%. Over the last four quarters, ...
Stellus Capital Investment Corporation Reports Results for its Third Fiscal Quarter Ended September 30, 2024
Prnewswire· 2024-11-07 23:09
HOUSTON, Nov. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus", "we", or the "Company") today announced financial results for its fiscal quarter ended September 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended September 30, 2024, in which we earned U.S. GAAP net investment income of $0.39 per share and core net investment income of $0.40 per share, which covered the regular dividend ...
Stellus Capital Investment (SCM) - 2024 Q3 - Quarterly Report
2024-11-07 22:29
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 814-00971 STELLUS CAPITAL INVESTMENT CORPORATION (Exact Name of Registrant as Specified in Its Charter) Maryland 46-0937320 (State or Other Jur ...
Stellus Capital Investment Corporation Schedules Third Quarter 2024 Financial Results Conference Call
Prnewswire· 2024-10-30 21:15
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the third quarter ended September 30, 2024 on Thursday, November 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Friday, November 8, 2024 at 11:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, C ...
Stellus Capital Investment Corporation Announces $0.40 Fourth Quarter 2024 Regular Dividend, Payable Monthly in Increments of $0.1333 in November and December 2024, and January 2025
Prnewswire· 2024-10-10 20:29
HOUSTON, Oct. 10, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.1333 for each of October, November, and December, totaling $0.40 per share in the aggregate for the fourth quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2024, and January 2025. Summary of Fourth Quarter 2024 Regular Monthly Dividends Declared Ex-Dividend ...