Stellus Capital Investment Corporation Announces Second Quarter 2021 Monthly Dividends

Rhea-AI Summary

Stellus Capital Investment Corporation (NYSE: SCM) has declared a monthly dividend of $0.0833 per share for April, May, and June 2021, totaling $0.25 for the second quarter. The ex-dividend date is April 29, with record dates on April 30, May 28, and June 30. Payments will be made on May 14, June 15, and July 15. Stellus focuses on maximizing returns through investments in private middle-market companies.

Positive

• Declared a monthly dividend of $0.0833 per share for Q2 2021.
• Total dividend payout of $0.25 per share, indicating stable income for shareholders.

Negative

• None.

HOUSTON, April 20, 2021 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced that its Board of Directors has declared a monthly dividend of $0.0833 per share for each of the months of April, May, and June 2021, which is $0.25 per share in the aggregate for the second quarter.

Summary of Second Quarter 2021 Regular Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount per Share
4/19/21	4/29/21	4/30/21	5/14/21	$0.0833
4/19/21	5/27/21	5/28/21	6/15/21	$0.0833
4/19/21	6/29/21	6/30/21	7/15/21	$0.0833

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 declared by Stellus Capital for Q2 2021?

The declared dividend amount for Q2 2021 is $0.25 per share.

When is the ex-dividend date for Stellus Capital's Q2 2021 dividend?

The ex-dividend date for the Q2 2021 dividend is April 29, 2021.

What are the payment dates for the Q2 2021 dividends from Stellus Capital?

The payment dates are May 14, June 15, and July 15, 2021.

How frequently does Stellus Capital pay dividends?

Stellus Capital pays dividends monthly.