Stellus Capital Investment Corporation Announces First Quarter 2022 Monthly Dividends

Rhea-AI Summary

Stellus Capital Investment Corporation (NYSE: SCM) declared a monthly dividend of $0.0933 per share for January, February, and March 2022, resulting in an aggregate dividend of $0.28 for the first quarter. This includes an additional previously declared dividend of $0.06 per share, totaling $0.34 to be paid to shareholders. The ex-dividend dates are set between January 27 and March 30, with payment dates scheduled between February 15 and April 15, 2022.

Positive

• Monthly dividend of $0.0933 per share for January, February, and March 2022 contributes to overall shareholder income.
• Total dividend payout of $0.34 per share enhances investor confidence.

Negative

• None.

HOUSTON, Jan. 14, 2022 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.0933 per share for each of January, February, and March, totaling $0.28 per share in the aggregate for the first quarter of 2022.  The regular dividend of $0.28 per share in the aggregate will be paid in addition to previously declared aggregate dividend of $0.06 per share for a total of $0.34 per share in the aggregate to be paid to shareholders on record in January, February, and March.

Summary of First Quarter 2022 Regular Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount per Share
1/13/2022	1/27/2022	1/28/2022	2/15/2022	$0.0933
1/13/2022	2/24/2022	2/25/2022	3/15/2022	$0.0933
1/13/2022	3/30/2022	3/31/2022	4/15/2022	$0.0933

Summary of Previously Declared First Quarter 2022 Additional Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount per Share
10/29/21	1/27/2022	1/28/2022	2/15/2022	$0.02
10/29/21	2/24/2022	2/25/2022	3/15/2022	$0.02
10/29/21	3/30/2022	3/31/2022	4/15/2022	$0.02

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 Investors" 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 amount for SCM in the first quarter of 2022?

The dividend amount for SCM in the first quarter of 2022 is $0.34 per share.

What are the ex-dividend dates for SCM's first quarter dividends?

The ex-dividend dates for SCM's first quarter dividends are January 27, February 24, and March 30, 2022.

When will the dividends be paid for SCM?

The dividends for SCM will be paid on February 15, March 15, and April 15, 2022.

How often does SCM declare dividends?

SCM declares dividends monthly.