Stellus Capital: Time To Ditch This BDC (Downgrade)

This year, business development company Stellus Capital Investment Corp. (NYSE: SCM ) is possibly headed for a dividend cut as the BDC’s portfolio income has proven to be insufficient to sustain its present $0.40 per share per quarter dividend pay-out (theA 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 surro ...