Stellus Capital Investment Corporation (SCM) News

Stellus Capital Investment Corporation (SCM)

Today's Latest Price: $8.40 USD

0.44 (5.53%)

Updated Aug 7 7:00pm

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Ranked of 55 in Private Equity

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Latest SCM News From Around the Web

Below are the latest news stories about Stellus Capital Investment Corp that investors may wish to consider to help them evaluate SCM as an investment opportunity.

Analysts Estimate Stellus Capital (SCM) to Report a Decline in Earnings: What to Look Out for

Stellus Capital (SCM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | July 24, 2020

Stellus Capital Investment Corporation to Report Second Quarter 2020 Financial Results and Hold Conference Call

Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the quarter ended June 30, 2020 on Friday, July 31, 2020, before the market opens.

Yahoo | July 22, 2020

Reevaluating Stellus After The Dividend Cut

Image source Back in mid-April, I declared that the distribution for business development company Stellus Capital Investment Corp. (SCM) was safe. At the time, I posited that the company could cover its then-$1.36 per share annual payout via investment gains and net investment income. That call hasn't aged all that...

Josh Arnold on Seeking Alpha | July 17, 2020

Stellus Capital Investment updates on Q2 results

Stellus Capital Investment (SCM) reports that all borrowers on accrual status at April 1, 2020 made their required payments during Q2 and no new non-accruals have been added since April 1, 2020.Maintains quarterly dividend at $0.25/share.Expects Q2 NAV to increase on tightening credit spreads since March 31, 2020.$185M borrowings under the...

Seeking Alpha | July 8, 2020

Stellus Capital's borrowers on accrual status made Q2 payments

Stellus Capital Investment (SCM) reports that all borrowers that were on accrual status at April 1, 2020 made their required payments during Q2 and no new non-accruals have been added since April 1.SCM expects net asset value increased for Q2 based on tightening credit spreads since March 31, 2020; NAV...

Seeking Alpha | July 8, 2020

Stellus Capital Investment Corporation Provides an Update on its Second Fiscal Quarter Results

HOUSTON, July 8, 2020 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) ("Stellus" or "the Company") today provided an update for its second fiscal quarter ended June 30, 2020. Prior to reporting second quarter results later in July, Stellus reports the following: all…

PR Newswire | July 8, 2020

Stellus Capital Investment cuts dividend by ~27%

Stellus Capital Investment (SCM) declares $0.25/share quarterly dividend, -26.5% decrease from prior dividend of $0.34.Forward yield 13.74%Payable July 31; for shareholders of record July 15; ex-div July 14.See SCM Dividend Scorecard, Yield Chart, & Dividend Growth....

Seeking Alpha | July 1, 2020

Stellus Capital Investment Corporation Declares Second Quarter 2020 Regular Dividend of $0.25 Per Share

HOUSTON , July 1, 2020 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM ) announced that yesterday its Board of Directors has declared a regular quarterly dividend for the second quarter of 2020 of $0.25 per share. As previously reported, the Company has changed the frequency of dividend payments from monthly to quarterly. "In light of the lower interest rate environment the Company is experiencing, we believe a dividend of $0.25 per share is appropriate for the second quarter. For the third quarter of 2020, we expect to declare the dividend by September 30th ", said Robert T. Ladd , Chief Executive Officer of the Company. … Full story available on Benzinga.com

Benzinga Feeds | July 1, 2020

Edited Transcript of SCM earnings conference call or presentation 12-May-20 3:00pm GMT

Q1 2020 Stellus Capital Investment Corp Earnings Call

Yahoo | July 1, 2020

Stellus Capital Investment Corporation Increases and Extends Its Revolving Credit Facility

HOUSTON, May 18, 2020 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced today that it has increased commitments under its revolving credit facility (the "Facility") to $230 million, extended the commitment termination date of the Facility to…

PR Newswire | May 18, 2020






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