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Stellus Capital Investment Corporation Announces Record Date Changes to its $0.40 First Quarter 2025 Regular Dividend, Payable Monthly in Increments of $0.1333 in February, March, and April 2025

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Stellus Capital Investment (NYSE: SCM) has announced its Board of Directors' declaration of monthly dividends for the first quarter of 2025. The company will distribute $0.40 per share in total, paid in three monthly installments of $0.1333 each.

The payments are scheduled as follows: the first payment will be made on February 14, 2025, to shareholders of record as of January 31, 2025; the second payment on March 14, 2025, to shareholders of record as of February 28, 2025; and the third payment on April 15, 2025, to shareholders of record as of March 31, 2025.

Stellus Capital Investment (NYSE: SCM) ha annunciato la dichiarazione dei dividendi mensili da parte del suo Consiglio di Amministrazione per il primo trimestre del 2025. L'azienda distribuirà $0,40 per azione in totale, pagato in tre rate mensili di $0,1333 ciascuna.

I pagamenti sono programmati come segue: il primo pagamento sarà effettuato il 14 febbraio 2025, a favore degli azionisti registrati al 31 gennaio 2025; il secondo pagamento il 14 marzo 2025, a favore degli azionisti registrati al 28 febbraio 2025; e il terzo pagamento il 15 aprile 2025, a favore degli azionisti registrati al 31 marzo 2025.

Stellus Capital Investment (NYSE: SCM) ha anunciado la declaración de dividendos mensuales por parte de su Junta Directiva para el primer trimestre de 2025. La compañía distribuirá un total de $0.40 por acción, pagados en tres cuotas mensuales de $0.1333 cada una.

Los pagos están programados de la siguiente manera: el primer pago se realizará el 14 de febrero de 2025, a los accionistas registrados a partir del 31 de enero de 2025; el segundo pago el 14 de marzo de 2025, a los accionistas registrados a partir del 28 de febrero de 2025; y el tercer pago el 15 de abril de 2025, a los accionistas registrados a partir del 31 de marzo de 2025.

Stellus Capital Investment (NYSE: SCM)은 2025년 첫 분기 월 배당금에 대한 이사회의 결정을 발표했습니다. 이 회사는 총 $0.40 주당을 분배하며, 세 번의 월 할부로 $0.1333씩 지급할 예정입니다.

지급 일정은 다음과 같습니다: 첫 번째 지급은 2025년 2월 14일에 2025년 1월 31일 기준의 주주에게 이루어지며; 두 번째 지급은 2025년 3월 14일에 2025년 2월 28일 기준의 주주에게; 세 번째 지급은 2025년 4월 15일에 2025년 3월 31일 기준의 주주에게 지급됩니다.

Stellus Capital Investment (NYSE: SCM) a annoncé la déclaration de dividendes mensuels par son Conseil d'Administration pour le premier trimestre de 2025. La société distribuera un total de $0.40 par action, payé en trois versements mensuels de $0.1333 chacun.

Les paiements sont programmés comme suit : le premier paiement sera effectué le 14 février 2025, aux actionnaires inscrits au 31 janvier 2025 ; le second paiement le 14 mars 2025, aux actionnaires inscrits au 28 février 2025 ; et le troisième paiement le 15 avril 2025, aux actionnaires inscrits au 31 mars 2025.

Stellus Capital Investment (NYSE: SCM) hat die Erklärung des monatlichen Dividenden durch den Vorstand für das erste Quartal 2025 bekannt gegeben. Das Unternehmen wird insgesamt $0,40 pro Aktie verteilen, ausgezahlt in drei monatlichen Raten von $0,1333 jeweils.

Die Zahlungen sind wie folgt geplant: Die erste Zahlung wird am 14. Februar 2025 an die Aktionäre erfolgen, die am 31. Januar 2025 registriert sind; die zweite Zahlung am 14. März 2025 an die Aktionäre, die am 28. Februar 2025 registriert sind; und die dritte Zahlung am 15. April 2025 an die Aktionäre, die am 31. März 2025 registriert sind.

Positive
  • Maintained consistent quarterly dividend of $0.40 per share
  • Regular monthly dividend payments provide steady income stream for shareholders
Negative
  • None.

Insights

The latest dividend announcement from Stellus Capital Investment represents a consistent quarterly payout of $0.40 per share, distributed monthly at $0.1333. At the current market cap of $372.3M, this translates to an annualized dividend yield of approximately 12%, positioning SCM as a high-yield BDC (Business Development Company) investment.

The monthly distribution schedule, rather than quarterly, provides investors with more frequent income streams and better cash flow management opportunities. The maintenance of the dividend rate signals management's confidence in the company's ability to sustain its earnings from its middle-market lending operations, despite the current interest rate environment. However, investors should note that BDCs like Stellus are required to distribute at least 90% of their taxable income to shareholders to maintain their tax-advantaged status.

The ex-dividend dates spanning from January through March 2025, with corresponding payment dates in February through April, provide a clear timeline for investors to manage their positions. For tax-conscious investors, it's worth noting that BDC dividends are typically classified as ordinary income rather than qualified dividends, which can impact after-tax returns.

HOUSTON, Jan. 9, 2025 /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 January, February, and March, totaling $0.40 per share in the aggregate for the first quarter of 2025. The regular dividend of $0.40 per share will be paid to shareholders of record in February, March, and April 2025.

Summary of First Quarter 2025 Regular Monthly Dividends

Declared

Ex-Dividend Date

Record Date

Payment Date

Amount per Share

1/9/2025

1/31/2025

1/31/2025

2/14/2025

$0.1333

1/9/2025

2/28/2025

2/28/2025

3/14/2025

$0.1333

1/9/2025

3/31/2025

3/31/2025

4/15/2025

$0.1333

About Stellus Capital Investment Corporation

The Company is an externally-managed, closed-end, non-diversified investment management 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 under the "Public (SCIC)" link.

FORWARD-LOOKING STATEMENTS

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.

Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com

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SOURCE Stellus Capital Investment Corporation

FAQ

What is the total dividend amount SCM will pay in Q1 2025?

SCM will pay a total dividend of $0.40 per share for Q1 2025, distributed in three monthly payments of $0.1333 each.

When are the SCM dividend payment dates for Q1 2025?

The dividend payment dates are February 14, March 14, and April 15, 2025.

What are the record dates for SCM's Q1 2025 dividends?

The record dates are January 31, February 28, and March 31, 2025.

How much is each monthly dividend payment for SCM in Q1 2025?

Each monthly dividend payment is $0.1333 per share.

What are the ex-dividend dates for SCM's Q1 2025 dividends?

The ex-dividend dates are January 31, February 28, and March 31, 2025.

STELLUS CAPITAL INVESTMENT CORPORATION

NYSE:SCM

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372.31M
25.93M
4.16%
11.81%
0.55%
Asset Management
Financial Services
United States of America
HOUSTON