imagedepotpro Overview I previously covered Stellus Capital Investment Corporation (NYSE:SCM) back in May and issued a hold rating due to the price trading at a high premium to net asset value. The total return since my last article has lagged the S&P 500 due to a bit of a price pullback. Now that the price has retracted a bit, I wanted to revisit to provide some updated insights regarding the financials and valuation. I also wanted to share some thoughts around the changing interest rate environment and wh ...

Henrik Sorensen Stellus Capital Investment Corporation (NYSE:SCM) offers passive income investors a very well-covered 12% dividend yield that is paid on a monthly installment basis. The business development company has had a fairly stable dividend pay-out ratio in the last twelve months, and Stellus Capital Investment originated a solid amount of new investments in the last quarter. SCM is paying passive income investors a robust yield and though the BDC has seen an increase in its non-accrual ratio in the ...

RapidEye/E+ via Getty Images Despite offering a double-digit dividend yield, Stellus Capital Investment Corporation's (NYSE:SCM) has been struggling to outperform the S&P 500 in total returns. I believe this trend is likely to continue because the potential impact of rate cuts, significant share issuance and increasing non-accruals could be the biggest headwinds for its financial growth and returns. Moreover, share price upside also appears limited because of a valuation-related factor. Therefore, I maintai ...

Stellus Capital Investment Corporation (NYSE:SCM) Q2 2024 Results Conference Call August 8, 2024 11:00 AM ET Company Participants Robert Ladd - Chairman and Chief Executive Officer Todd Huskinson - Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary Conference Call Participants Christopher Nolan - Ladenburg Thalmann Sean-Paul Adams - Raymond James Operator Good morning, ladies and gentlemen, and thank you for standing by. At this time, I would like to welcome everyone to Stellus Capit ...

Stellus Capital (SCM) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.64%. A quarter ago, it was expected that this investment company would post earnings of $0.46 per share when it actually produced earnings of $0.44, delivering a surprise of -4.35%. Over the last four quarters, ...

HOUSTON, Aug. 7, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE:SCM) ("Stellus" or the "Company") today announced financial results for its second fiscal quarter ended June 30, 2024. Robert T. Ladd, Chief Executive Officer of Stellus, stated, "I am pleased to report solid operating results for the quarter ended June 30, 2024, in which U.S. GAAP net investment income of $0.48 per share and core net investment income of $0.50 per share covered the regular dividend declared of $0.40 per shar ...

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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER: 1-35730 STELLUS CAPITAL INVESTMENT CORPORATION (Exact Name of Registrant as Specified in Its Charter) Maryland 46-0937320 (State or Other Jurisdicti ...

HOUSTON, July 31, 2024 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the close of the stock market. Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, August 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, Chief ...

HOUSTON, July 11, 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 July, August, and September, totaling $0.40 per share in the aggregate for the third quarter of 2024. The regular dividend of $0.40 per share will be paid to shareholders of record in August, September, and October 2024. About Stellus Capital Investment Corporation Statements included herein may contain "forward ...

PM Images Stellus Capital Investment Corporation (NYSE:SCM) is a solid buy for passive income on the pullback, in my view. The business development company covered its dividend with net investment income in 1Q24 and though the pay-out ratio has risen QoQ, I think that the dividend is reasonably safe, particularly in a moderate inflation environment that incentivizes the central bank to keep interest rates steady at the present level. As Stellus Capital Investment also exposed to a high percentage of floatin ...