Stellus Capital: Time To Ditch This BDC (Downgrade)

Core Viewpoint - Stellus Capital Investment Corp. (NYSE: SCM) is likely facing a dividend cut due to insufficient portfolio income to maintain its current dividend payout of $0.40 per share per quarter [1] Group 1 - The company is categorized as a business development company (BDC) [1] - The current dividend payout is $0.40 per share per quarter [1] - The portfolio income has not been adequate to sustain the existing dividend level [1]