Stellus Capital Investment Corporation Increases Regular Quarterly Dividend to $0.28 Per Share
Stellus Capital Investment Corporation (NYSE: SCM) has declared a regular monthly dividend of $0.28 per share for the fourth quarter of 2021, marking a $0.01 increase compared to the previous quarter. The dividend will be distributed over three months, with payment dates scheduled for November 15, December 31, and December 31. Shareholders should note the corresponding ex-dividend and record dates as October 28, November 29, and December 15 for the respective payments. This increase highlights the company’s commitment to returning value to its shareholders.
- Dividend increased by $0.01 to $0.28 per share.
- Regular monthly dividends declared for the fourth quarter.
- None.
HOUSTON, Sept. 15, 2021 /PRNewswire/ -- Stellus Capital Investment Corporation (the "Company") (NYSE: SCM) announced today that its Board of Directors has declared a regular monthly dividend for each of October, November, and December for an aggregate of
Summary of Fourth Quarter 2021 Regular Monthly Dividends
Declared | Ex-Dividend Date | Record Date | Payment Date | Amount per Share |
9/14/21 | 10/28/21 | 10/29/21 | 11/15/21 | |
9/14/21 | 11/29/21 | 11/30/21 | 12/15/21 | |
9/14/21 | 12/15/21 | 12/16/21 | 12/31/21 |
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
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
View original content to download multimedia:https://www.prnewswire.com/news-releases/stellus-capital-investment-corporation-increases-regular-quarterly-dividend-to-0-28-per-share-301377086.html
SOURCE Stellus Capital Investment Corporation
FAQ
What is the dividend amount for SCM for the fourth quarter of 2021?
When will the dividends be paid for SCM?
What are the ex-dividend dates for SCM's fourth quarter dividends?
Has SCM increased its dividend compared to the previous quarter?
How frequently does SCM pay dividends?
