Stellus Capital Investment Corporation Announces $0.40 Fourth Quarter 2023 Regular Dividend, Payable Monthly in Increments of $0.1333 in November and December 2023

Rhea-AI Summary

Stellus Capital Investment Corporation declares monthly dividend of $0.1333 per share for Q4 2023.

Positive

• Stellus Capital Investment Corporation has declared a monthly dividend of $0.1333 per share for October, November, and December 2023. The total dividend for the fourth quarter of 2023 will be $0.40 per share. Shareholders of record in November and December 2023 will receive the regular dividend of $0.40 per share.

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• None.

HOUSTON, Oct. 5, 2023 /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 October, November, and December, totaling $0.40 per share in the aggregate for the fourth quarter of 2023. The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2023.

Summary of Third Quarter 2023 Regular Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount per Share
10/05/2023	10/30/2023	10//31/2023	11/15/2023	$0.1333
10/05/2023	11/29/2023	11/30//2023	12/15/2023	$0.1333
10/05/2023	12/15/2023	12/18/2023	12/29/2023	$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 www.stelluscapital.com 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 dividend declared by Stellus Capital Investment Corporation for Q4 2023?

Stellus Capital Investment Corporation has declared a monthly dividend of $0.1333 per share for October, November, and December 2023, totaling $0.40 per share in the aggregate for the fourth quarter of 2023.

When will the dividend be paid to shareholders?

The regular dividend of $0.40 per share will be paid to shareholders of record in November and December 2023.

What is the ex-dividend date for the dividend?

The ex-dividend date for the dividend is October 30, 2023.

What is the record date for the dividend?

The record date for the dividend is October 31, 2023.

When will the dividend be paid?

The dividend will be paid on November 15, 2023.

How much is the dividend per share?

The dividend per share is $0.1333 for each of October, November, and December 2023, totaling $0.40 per share for the fourth quarter of 2023.