Stellus Capital Investment Corporation (the “Company”) (NYSE: SCM) announced today that on August 21, 2013 its Board of Directors declared a dividend for the third quarter 2013 of $0.34 per share payable on September 27, 2013 to common shareholders of record on September 5, 2013. This distribution equates to an annualized dividend yield of approximately 9.0% based upon its $15.00 per share initial public offering price.
About Stellus Capital Investment Corporation
The Company is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company’s investment activities are managed by its investment adviser, Stellus Capital Management. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the Stellus Capital Investment Corporation link.
Statements included herein may contain “forward-looking statements” which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Stellus Capital Investment Corporation
W. Todd Huskinson, 713-292-5414
Chief Financial Officer
Philip Nunes, 617-556-9982, x227
|Stellus Capital Investment Corporation Declares First Quarter 2014 Regular Dividend of $0.34 Per Share and Announces That It Will Pay Dividends Monthly Going Forward (2014/1/21)|
|Stellus Capital Investment Corporation Declares Fourth Quarter Dividend of $0.34 Per Share ()|
|Stellus Capital Investment Corporation to Report Third Quarter 2013 Financial Results and Hold Conference Call ()|
|Stellus Capital Investment Corporation Reports Results for its third fiscal quarter ended September 30, 2013 ()|
|Stellus Capital Investment Corporation Makes Replay of the Conference Call Discussing Its Third Quarter 2013 Financial Results Available ()|
|Stellus Capital Investment Corporation to Report Fourth Quarter and Fiscal Year 2013 Financial Results and Hold Conference Call (2014/2/20)|
|Stellus Capital Investment Corporation Reports Results for its second fiscal quarter ended June 30, 2013 ()|
|Cherry Hill Mortgage Investment Corporation Declares Dividend of $0.50 Per Share for the First Quarter 2014 (2014/3/18)|
|Harvest Capital Credit Corporation Declares Dividends for January, February and March (2014/2/6)|
|PennantPark Investment Corporation Announces Quarterly Distribution of $0.28 per Share (2013/9/4)|
|Sacre-Coeur Minerals Ltd.||View scm Stock Quote|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.